December 03, 2011 – India’s government has decided to raise the Foreign Direct Investment (FDI) limit from 49% to 74% in the cable distribution platform. This follows the node given by the Cabinet for implementation of the complete digitization process.
A draft note to this effect, prepared by Department of Industrial Policy and Promotion, has already been sent to various ministries for their comments and inputs. They include information and broadcasting ministry and the department of telecommunications.
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