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India’s TRAI plans to raise FDI cap on pay TV to 74%
TRAI, the Telecom Regulatory Authority of India, has revealed that it is considering raising the foreign direct investment cap for all pay TV platforms in the country, except cable, to 74%.
The TRAI is currently consulting stakeholders on the issue and, if approved, the move is expected to bring more capital, technology and international best practices into the industries of IPTV, direct-to-home and headend-in-the-sky.
Following TRAI’s recommendations to restructure the foreign direct investment policy, India’s Information & Broadcasting Ministry has come to a consensus that it will take up the current levels to 74% across all platforms except cable, which will remain at 49%.
Currently, the cap for direct-to-home stands at 20%, and at 49% for headend-in-the-sky services.
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