As we stand at the threshold of another year, I extend heartfelt New Year wishes to you on behalf of the Toonz Media Group family. May you enter this period of renewal surrounded by loved ones, returning with a renewed energy to face the year ahead.

The previous year it posed its share of trials for the global AVGC sector. Yet, amidst these adversities, Toonz emerged resilient and robust. With 2023 behind us, let us channel our collective resolve to infuse 2024 with unmatched dedication and enthusiasm. This spirit will illuminate our path to a thriving future for our company and its cherished team members.

The ripples of previous strikes and the shifts in the economic landscape continue to touch our industry. However, 2024 is poised to be a year where creativity meets efficiency, an era of cutting-edge innovation crucial for our collective resurgence. Integrating AI into animation is a harbinger of transformative production techniques that we eagerly anticipate embracing.

With a spotlight on professional growth, I urge each dynamic team member to embrace lifelong learning. Your expertise and adaptability are the cornerstones upon which our industry's relevance rests.

India's AVGC sector is on the cusp of a renaissance, buoyed by government support and incentives to foster a fertile environment for creative ventures. The anticipated surge in foreign film production investment is a testament to these efforts, with the potential to propel India to the forefront of the global AVGC landscape.

We anticipate a year rich with innovation and accomplishment as we navigate this burgeoning terrain bolstered by emerging technologies and new market opportunities. We stand on the verge of celebrating Toonz's quarter-century legacy—an extraordinary testament to our enduring presence in the animation domain. This milestone anniversary heralds a year filled with festivities and introspection, a chance to reflect on our journey and forge ahead with renewed purpose.

In this landmark year, let us reaffirm our commitment to excellence, elevating our work to new heights to meet the era's challenges and prospects. The promise of 2024, both in personal growth and professional achievement, beckons.

We are excited to announce a ground-breaking partnership with Tata Consultancy Services, a global leader in IT services. This collaboration is set to revolutionise creative education, bringing animation and VFX expertise to widespread audiences, beginning in India and eventually reaching worldwide.

Here's to a 2024 filled with inspiration, success, and transformative experiences. I wish you all the very best!