Digital
Online gaming in India is among the world’s most vibrant, says MoS I&B Dr L Murugan at Storyboard18 DES 2025
The foreign direct investment (FDI) in the Indian information and broadcasting sector has gone down 31% in the first quarter of FY25.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), the sector attracted FDI worth Rs 3,374 crore in the same period, as compared with Rs 4,893 crore worth of FDI received a year ago in the same period.
The report highlighted that the major investment in the quarter (April-June) came from Walt Disney, the company that invested Rs 2,839 crore. Meanwhile, IVY Entertainment Holdings (B4U Movies, B4U Kadak, and B4U Multiplex) invested Rs 219 crore.
It is to be noted that Walt Disney's mammoth investment comes at a time when its subsidiary Star India is in the process of merging with Viacom18 to create $8.5 billion worth media entity.
In FY24, the FDI in the sector increased by 87% to reach Rs 7,012 crore, which was up from Rs 3,745 crore in FY23.
The Storyboard18 Digital Entertainment Summit (DES) unpacked India's strategy for leading the digital entertainment economy, with top policymakers where they putlined how talent, technology, and governance would fuel future-ready growth.
Read MoreAt the Storyboard18 Digital Entertainment Summit in New Delhi, policymakers and industry leaders outlined how talent, technology, and governance will drive India’s push to dominate the global entertainment economy.