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ARTICLE · 25 JANUARY 2006

Enhanced Foreign Direct Investment For Up-Linking TV Channels

Mulla & Mulla & Craigie Blunt & Caroe
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At present, Foreign Direct Investment (FDI) up to 49% is permitted in an Indian Joint Venture Company for setting up hardware, Up-linking HUB or Teleports and complying with guidelines of GOI and Ministry of Information and Broadcasting for Up-linking and broadcasting.

IndiaGovernment, Public Sector
Shardul Thacker
Shardul Thacker

At present, Foreign Direct Investment (FDI) up to 49% is permitted in an Indian Joint Venture Company for setting up hardware, Up-linking HUB or Teleports and complying with guidelines of GOI and Ministry of Information and Broadcasting for Up-linking and broadcasting.

GOI has recently, vide its notification dated 13th January 2006, revised its Policy and enhanced the parameters of FDI in relation to Up-linking of TV channels.

  • With prior approval of GOI, FDI up to 100% would be permitted for Up-linking a Non-News & Current Affairs TV Channel.
  • For Up-linking News and Current Affairs TV Channels, foreign equity holding including FDI and Foreign Institutional Investors (FII), investments would be capped at 26% of the Paid Up Equity of the Indian applicant company, with prior consent of GOI.

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