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India: Raised cap on foreign ownership of FM radio operators

Description

On 7July 2011, the government of India raised its cap on foreign ownership in the FM radio sector.   Under the new regulation, foreigners may hold up to 26 percent of an Indian FM radio enterprise. P...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

07 Jul 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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