Foreign investment in entertainment should be made easy

Foreign investment in entertainment should be made easy
Saturday, December 12, 2009 12:06 IST
By Santa Banta News Network
The evergreen actress Juhi Chawla unveils the blue print to attract the investor in entertainment sector. Along with the Associated Chambers of Commerce and Industry of India's (ASSOCHAM) official Mascot of the year 2009, ‘10 Gro' -a Penguin, Juhi spreads the message to stop global warming, combat climate change, protect our environment, conserve water and save the earth.

On this occasion Juhi Chawla Mehta, who is also the Chairperson of ASSOCHAM national committee of films and television said, "Although the government has initiated the foreign investment into entertainment sector, but the clearing process is multi-tiered and cumbersome and does take inordinate amount of time.

However, I want to appeal to the government to streamline and to prepare an outline for this sector and accelerate the clearing process."

Proceeding further the new president of ASSOCHAM, Dr Swati Piramal said, "The entertainment and media industry is set for a quantum growth; new regulatory systems such as limited liability partnership is this sector will pave the way for global investment for growth in this sector. Convergence of media and telecom is also a big growth opportunity."

This step of ASSOCHAM has really come as a breath of fresh air to the entertainment industry, which is also affected from the economic slowdown. At the same time, it will bring in new creative talent in the entertainment industry.
Azaad Hai Tu Title Track Witnesses One of the Biggest Song Launches of 2024!

Ajay Devgn, Director Abhishek Kapoor, Producer Pragya Kapoor, Aaman Devgn, and Rasha Thadani Captivate Bhubaneswar with a Grand Unveiling of the

Monday, December 23, 2024
Paatal Lok Season 2 Release Date, Everything You Need to Know About the Upcoming Crime Thriller!

The highly anticipated second season of the crime-thriller series Paatal Lok is set to premiere on January 17, exclusively on OTT platform Prime Video. With a stellar cast

Monday, December 23, 2024
Advance Bookings for this year's mass commercial Christmas entertainer Baby John are now open!

Produced by Murad Khetani, Priya Atlee, and Jyoti Deshpande, Baby John is a story that is close to everyone's heart. Directed by Kalees, the film is filled with emotions, humor, action, lively

Monday, December 23, 2024
Badshah Calls for Unity Amidst Diljit Dosanjh and A. P. Dhillon Controversy!

The escalating tension between Punjabi superstar Diljit Dosanjh and singer-songwriter A. P. Dhillon has caught the attention of rapper Badshah, who has stepped in with a message

Monday, December 23, 2024
Allu Arjun's House Attacked Over Demands for Compensation in Stampede Incident!

The controversy surrounding the tragic stampede at Sandhya Theatre in Hyderabad continues to escalate. On Sunday, protesters targeted the residence of Telugu superstar

Monday, December 23, 2024
ADVERTISEMENT
ADVERTISEMENT