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Key Developments in India

The BBC has a strong heritage in India where BBC World Service has operated for nearly 75 years and English is widely understood. The fact that it is the world's biggest democracy with a dynamic media industry has made the country a key market for BBC Worldwide, and activity there is building.

In 2005, the business partnered with Mid Day Multimedia Limited to bid for licences in the Indian FM radio sector. Successful bids in seven cities will give BBC Worldwide unprecedented audience access and lay the foundations of an FM radio business.

In addition, Discovery Networks India is a key customer for BBC Worldwide, acquiring a significant range of BBC history, science and natural history programmes in 2005/06.

These deals will complement a joint venture, Worldwide Media, set up in 2004/05 between BBC Worldwide and Times of India, to create one of India's largest magazine companies. The company now publishes more than 30 titles in the territory including Femina, Filmfare and BBC Top Gear India.

Also, the Global Channels business is developing its strategy and partnerships in India with a view to launching channels in the region.

The size and diversity of the territory offers exciting possibilities for future growth across all businesses.