India

India

Over-the-top platforms not covered by the 26 per cent FDI cap

10 Mar 2023

On 10 March 2023, the Ministry of Information and Broadcasting (MIB) issued a clarification on whether the Foreign Direct Investment (FDI) Policy of the Government of India is applicable to Over-the-Top (OTT) platforms hosting digital feed to the news channels. The ministry clarified that when an OTT platform is hosting digital feed of a TV news channel granted permission under the Uplinking & Downlinking Guidelines, only as a medium and makes it available to its subscribers/users, such an OTT platform is not covered under the 26% FDI rule.

Nature of measure:
  • Facilitation
Type:
  • Entry and establishment (Ownership and control)
Industry:
  • Services (Publishing, audiovisual and broadcasting activities)
Inward FDI:
No
Outward FDI:
No
Sources: