Benefits of Launching from Uttar Pradesh, Role of Government & IFBIC
OTT, or over-the-top, has revolutionized the entertainment industry in recent years. With the rise of internet-based video streaming platforms, OTT has become the go-to choice for viewers worldwide, providing a plethora of content on-demand. Uttar Pradesh, one of the largest states in India, is now gearing up to launch OTT services with the support of the government and the International Federation of Business Intellectuals & Changemakers (IFBIC).
The Uttar Pradesh government has been actively encouraging international companies to invest in the state. The government has implemented various policies and initiatives to make the state more investor-friendly, including providing tax incentives, subsidies, and streamlined bureaucratic procedures. The government has also established specialized industrial zones for various sectors, including the media and entertainment industry, to encourage investment.
The state's large population, diverse culture, and rich history make it an attractive destination for international companies looking to establish their presence in India. Uttar Pradesh offers a huge market potential, and with the rise of digital adoption, there is a growing demand for OTT services in the state.
The International Federation of Business Intellectuals & Changemakers (IFBIC) has been instrumental in making it possible for foreign companies to establish their presence in Uttar Pradesh. IFBIC is a global organization that supports businesses and entrepreneurs in their quest for growth and expansion.
IFBIC team have been forefront of this initiative, working day and night to make it possible. The team have been actively involved in the negotiations and discussions with international companies to convince them to invest in Uttar Pradesh. Their hard work and dedication have paid off, with several international companies expressing their interest in establishing their OTT services in the state.
The launch of OTT services in Uttar Pradesh will bring several benefits to the state. Firstly, it will create employment opportunities for the state's youth, who are increasingly looking for jobs in the digital sector. Secondly, it will help promote the state's culture and heritage to a global audience. Finally, it will generate revenue for the state's economy and help improve the overall standard of living for the people.
In conclusion, the launch of OTT services in Uttar Pradesh is a significant development that will bring several benefits to the state. With the support of the government and organizations like IFBIC, foreign companies are now more interested than ever in establishing their presence in Uttar Pradesh. Ms. Molly Faulkner and Mr. Amresh Kumar Singh deserve special recognition for their efforts in making this possible. The launch of OTT services in Uttar Pradesh will be a game-changer for the state, and it will open up new avenues of growth and development.
21, April 2023
International Federation of Business Intellectuals & Changemakers
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