Foreign Investment Allowed In Digital Media With 26 Per Cent Cap | Read
PUBLISHED ON: August 29, 2019 | Duration: 3 min, 00 sec
The Centre approved 26 per cent overseas investment in digital media as part of a relaxing of Foreign Direct Investment norms across four sectors. The present FDI policy is silent on the fast-growing digital media segment. Currently, 26 per cent Foreign Direct Investment is allowed in the print media with government approval. The corresponding figure in broadcasting is 49 per cent.