INDIA: TRAI releases consultation paper on India foreign direct investment (FDI) limits in broadcasting sector

Tuesday July 30 2013

The Telecom Regulatory Authority of India (TRAI) has today released a consultation paper on the review of India foreign direct investment limits in various segments of the broadcasting sector. The recommendations put forward by the TRAI include:

• An increase in the FDI limit in broadcasting carriage services to 100%, 49% of which would be automatic. Any investment beyond 49% would require governmental approval.
• An increase in the FDI limit for television channels concerning news and current affairs from 26% to 49% with governmental approval.
• An increase in the FDI limit for FM Radio from 26% to 49% with governmental approval.

The consultation paper is open for comment until 12th August 2013. Comments will be published on the TRAI website thereafter.

Please click on the above link for the consultation paper.