India sets 74% as FDI level

Monday, February 13, 2012 – India is welcoming foreign investment in its digital cable TV sector, and has set a Foreign Direct Investment cap of 74 per cent for non-Indian investors. The new limit applies to DTH, IPTV, mobile TV, and digital cable distribution.

The newly set cap replaces a number of other assorted investment limits within the TV sector. However, the cap for non-digital cable TV would remain at its present 49 percent level, according to Uday Kumar Varma, secretary, information and broadcasting ministry.

Read more at http://advanced-television.com/index.php/2012/02/13/india-sets-74-as-fdi-level/

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