India's entertainment sector attracting foreign funds: Variety

Mumbai, March 13 (IANS) India may have started the process of economic reforms rather late compared to China, but it has since opened up to the world much faster than the Chinese as far as the entertainment business is concerned, says Hollywood trade magazine Variety.

While China is still wary of allowing foreign companies a stake in the entertainment sector, Indian entertainment corporate entities are throwing their doors open for joint business deals with their foreign counterparts.

A report in Variety says: "Although China is too big and growing too fast to ignore, it's India tha