tech_genie
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The Indian television landscape will change come November 1, 2012. The four large metros - Delhi, Mumbai, Chennai and Kolkata - will have transited to digital TV completely only a day earlier on October 31. The rest of the country has to have the infrastructure in place to do so by December 31, 2014.
Given this backdrop and the fact that the digitisation process is capital intensive, the recent announcement by the government approving a hike in foreign direct investment (FDI) across all TV distribution platforms is a welcome move. The FDI limit has been increased from the current 49 per cent to 74 per cent. Initially, only the Head-end In The Sky (HITS) distribution platform was permitted 74 per cent FDI. How will this help the broadcasting industry?
Read the Complete Story here: How raising of FDI limit in broadcasting will help - Business Today
Given this backdrop and the fact that the digitisation process is capital intensive, the recent announcement by the government approving a hike in foreign direct investment (FDI) across all TV distribution platforms is a welcome move. The FDI limit has been increased from the current 49 per cent to 74 per cent. Initially, only the Head-end In The Sky (HITS) distribution platform was permitted 74 per cent FDI. How will this help the broadcasting industry?
Read the Complete Story here: How raising of FDI limit in broadcasting will help - Business Today
