A total of Rs. 29,209.78 crores and Rs. 8,654.06 crores have been
invested through Foreign Direct Investment (FDI) equity between 2009-12
in telecommunications and information & broadcasting sectors
according to a report released by the government of India. Rs 386.55 crores was invested as FDI between April – December 2012 as
compared to Rs. 9,011.53 crores between 2011-12 and Rs. 7,542.04 crores
invested between 2010-11 according to the report. It is worth noting
that in February 2012, the government wanted the 100% cap on FDI in
telecom tower companies to be cut to 74% in par with other telecom
services. Rs 1,162.26 crores was invested as FDI in the information &
broadcasting sector between April-December 2012 as compared to
Rs. 3,264.09 between 2011-2012 and Rs. 1,887.17 between 2010-11.
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