The Walt Disney Company India Pvt. Ltd.
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| Subsidiary of a Public company | |
| Industry | Media conglomerate |
| Founded | August 1993 |
| Headquarters | Mumbai, Maharashtra, India |
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Area served
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India |
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Key people
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Mahesh Samat (MD) |
| Parent | Disney International (The Walt Disney Company) |
| Divisions |
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| Website | Disney India Website |
The Walt Disney Company India (simply Disney India) is the Indian subsidiary of American Media Conglomerate The Walt Disney Company, and is a premier entertainment company in India. The Walt Disney Company (India) is a public limited company, which develops and produces motion pictures and videos for children. The company is based in Mumbai, India and operates as a subsidiary of Walt Disney Company.
Walt Disney India was formed in August 1993 with licensing agreement as a joint venture partnership between The Walt Disney Company and Modi Enterprises. Disney filed in October 2001 with the Foreign Investment Promotion Board to create a wholly owned subsidiary company to launch the Disney Channel in India. The Department of Industrial Policy and Promotion granted Disney an initial approval for the subsidiary but with Modi protesting due to similarities to their joint venture. When the 10 year licensing agreement ended, Modi and Disney could not come to a new agreement, thus ending the joint venture agreement in August 2003.
Walt Disney Television International (Asia Pacific) took over distribution of content in September 2003 to STAR Movies, AXN and HBO plus 29 hours of children's programs per week to DD Metro, Eenadu, SET, Star Plus and StarWorld.
The Walt Disney Company (India) Private Limited (WDCI) started operations in July 2004 based in Mumbai. On 17 December, Walt Disney Television International India launched the Disney Channel and Toon Disney channel with three language feeds (English, Tamil and Telugu). The channels are to be distributed by the Star Group. WDCI planned to initially focus on its channel operations before expanding in to other areas. In the long term, a Disney theme park in India is possible as land has been reportedly found on the outskirts of Delhi. Also in December and partnered with Indiagames, the Walt Disney Internet Group released Disney games, wallpapers and ringtones in the market which is also available on AirTel. In 2005, Disney Consumer Products (DCP) has begun working with various Indian retail outlets to establish Disney Corners within the outlets to sell licensed merchandise. In August, Funskool India and Disney entered in a contract for Funskool to sell Disney Princess products in India.
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