New Delhi, Oct 29 (IANS) The information and broadcasting (I&B) ministry is considering steps to make India a teleport hub enabling the country to become an up-linking and downlinking centre like Hong Kong and Singapore, a ministry official said here Monday.

Up-linking and downlinking is the process of sending and receiving signals from a satellite, used for telecasting television programmes.

"We will soon hold consultations with industry to discuss modalities, challenges and a road map for making India a teleport hub," I&B Ministry Secretary Uday Kumar Varma said.

Varma was addressing a seminar organised by the Confederation of Indian Industries (CII).

"India becoming a teleport hub would be instrumental in attracting accelerated flow of foreign direct investment (FDI). It has state-of-the-art technology and can help move up in the value chain in content generation," Varma said.

"The recent decision of the government to allow 74 per cent FDI in DTH, IPTV, mobile TV et cetera are some of the steps that have been taken in this direction and underscored that those steps would be game changers to make India a digitally happening place," he said.