International FIPB defers decision on WorldSpace proposal

FIPB defers decision on WorldSpace proposal

Author | NULL | Monday, Jan 01,1900 7:25 AM

FIPB defers decision on WorldSpace proposal

On Information & Broadcasting ministry’s request, FIPB has deferred its decision to allow WorldSpace to import and manufacture digital radio receivers in India. WorldSpace has already got the permission for sourcing audio content from India and has been in talks with Indian companies for producing audio content for the digital radio service.

WorldSpace also has the permission to set up studios in India. According to industry sources, WorldSpace radio broadcasts can’t be heard on the simple transistors and needs special digital radio receivers to listen to the broadcasts.

Around 1.5 lakh of WorldSpace’s radio receivers have been sold globally. These receivers have been manufactured by international majors, including Hitachi, JVC, and Matshushita. In India, BPL will be manufacturing the special radio receivers.

Tags: e4m

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