I&B industry got ₹1,535-crore FDI in October-December quarter: DPIIT

For the first nine months of 2022-23, the FDI remittance in the I&B sector amounted to ₹2,925 crore. Several media and advertising companies, including Dentsu India, MediaCom, Amagi Media Labs, Qyou Media India, and Triple Com Media received FDI through both the automatic and acquisition of existing shares routes during the December quarter.