iWorld
FDI in telecom jumped 5X in 3 years
MUMBAI: During the last three years, the Indian telecom sector has not only witnessed major disruptions but also nearly five times jump in foreign direct investment (FDI). While the amount of investment stood at $ 1.3 billion in 2015-16, it reached $ 6.2 billion in 2017-18, Communications minister Manoj Sinha said. The government is also looking at the funding of $100 billion for the draft National Digital Telecommunications Policy.
“India needs massive investment in developing newer technologies which are accessible and affordable to the people and at the same time creates productive employment. For India to utilise its demographic dividend it is absolutely necessary to create semi-skilled jobs in short run, and the telecom sector will play an important role in creating those employment opportunities,” he added.
The sector has also seen a few mergers, acquisitions in the same period. Highlighting that, Sinha said consolidation in the sector will strengthen it. He also calls international investors and telecom players to take part in the growth of the sector as Indian economy is back on the growth trajectory.
He also added India already announced plans to launch commercial 5G networks by the year 2020. The 5G rollout will leave big opportunities for investing in the newer emerging technologies like AI, IoT, data analytics.
Telecom secretary Aruna Sundararajan was also present at the occasion. She emphasised the fact that foreign investment is necessary to secure scientific, technical and industrial knowledge. The expert pointed out that the telecom sector has always been one of the core sectors attracting highest FDI inflows and overall this trend has been positive for the past two decades.
“National Digital Communications Policy, 2018, will be the new platform for convergence of all the stakeholders, where we will be working with growth-oriented investment perspective, rather than with fiscal perspective alone,” she added.
iWorld
Subedaar puts Indian original cinema on the global map with record-breaking Prime Video debut
MUMBAI: Prime Video has a runaway hit on its hands. Subedaar, the gritty action drama starring Anil Kapoor, has stormed to become the most-watched Indian original movie on the platform in its opening weekend, cracking the Top 10 across 31 countries and landing in 91 per cent of India’s pin codes within days of its March 5 premiere.
The film, a visceral, emotionally-charged story of a retired soldier, Subedaar Arjun Maurya, wrestling with civilian life amid crime and corruption, has struck a nerve. Directed by Suresh Triveni and co-starring Radhikka Madan, Mona Singh, Saurabh Shukla, Aditya Rawal, Faisal Malik, and Khushboo Sundar, the film is already being hailed as a showcase for what Indian original storytelling can achieve on the world stage.
“Subedaar’s success is a reflection of the growing scale and global resonance of Indian storytelling,” said Nikhil Madhok, director and head of originals at Prime Video India. “The film’s emotional narrative, its rooted portrayal of a soldier confronting his toughest battles beyond the battlefield, has struck a chord. Anil Kapoor delivers an acting masterclass, while Suresh Triveni’s solid direction and great performances from the ensemble cast have resulted in love and appreciation from customers across the world.”
Kapoor, 62, has been here before, but rarely at this altitude. Written by Triveni and Prajwal Chandrashekar, with dialogues by Triveni, Saurabh Dwivedi, and Chandrashekar, the film is a production by Opening Image Films in association with Anil Kapoor Film & Communication Network (AKFCN), produced by Vikram Malhotra, Kapoor, and Triveni.
Subedaar streams exclusively on Prime Video in Hindi, Tamil, and Telugu across India, and in over 240 countries and territories worldwide.
For Prime Video, the numbers tell the real story: one weekend, one film, a global footprint, and a very loud signal that Indian original cinema is no longer just travelling well. It’s arriving.
