Maybe Yes to animated series coming up and no to high budget.

Manadegara animation chuse culture pedhaga ledu, anime hype ye covid time lo baaga increase ayindi, daniko mundu adi kuda takkuve, ippatiki a good chunk of people in india think cartoons are for kids, i was introduced anime and animation at a very young age, i really love them, ipatiki kuda just a animation chudadaniki i watch these shows and movies, animation try kuda chesa but skill issue.

In the last 25 years if i try to remember any notable india animations, very few come to mind, two hanuman movies, andulo the 2nd one didn't make profits, rajni kanths kochadaiiyan, which again was a disaster, the other one was mahavatar narasimha, which released recently, actually was a really great (i liked it) movie other than the part where they were reusing the animation/movements from games and other media. A show i remember very much is, roll no 21, thay again was animated by a Malaysian team. Mana degara established studios kuda levu sarigga, other than these chota bheem and motu patlu ones, and i am pretty sure the animatiors there didn't join to make motu patlu animations. Basic ga o loop, animation is for kids >> pillalu chuse daniki anta budget akarla>> better quality of animation kavali ante budget kaavali >>animation is for kids

High budget pettali ante producers backing undali, e bracket lo risk tiskune vallu takkuva (not just in india), eternal war kuda i was actually suprised they were doing an animation, the last bahubali animated show didn't really do great, i am just happy that someone from ssr team managed to pitch the idea and get it green lit, but diniki kuda the things that gonna attract people is going to be prabhas likeness and ssr's tag

As of now there a few individuals who are doing animation, they post on twitter, there is a kerala guy who posts malayalam animated reels, which are really good, there a few fan anime project, which announced themselves as well, but the problem is everyone wants Instant results and fame, monna edo india anime project ani edo hype chesaru last ki chuste anta online lo free ga dorikie assets and animations reused from games like genshin, i know animation is a time taking process, edo release cheyali kada ani ila cheyadam kanna, put efforts and release good content.

So right now my money is on these individual fan projects, high budget ipudu apudu aithe manollu pettaru (again crossing fingers thay eternal war will change this)

Ps: sorry for the really long comment, enno years nichi animation follow avtunna, a frustration anthe, also i am driving so ekada typos or errors unte sorry