Following the release of the ‘PUBG Mobile India’ teaser, there has been little to no new developments affecting the release of the popular game title. The status of the game is in limbo with reports stating that sources in the Ministry of Electronics and IT of India are claiming that “it will be difficult to grant any relaxation.”
However, it looks like things are moving swiftly behind the scenes, with PUBG Corporation seemingly taking yet another massive step on the road to the actual release of the game. PUBG India Private Limited has been registered as a subsidiary of a Foreign Company with the Indian government.
PUBG India Pvt. Ltd. officially registers its company with the Indian Ministry of Corporate Affairs
AFK Gaming has learned that PUBG India Pvt. Ltd which is a subsidiary of a foreign company has officially registered itself with the Ministry of Corporate Affairs on November 21.
Kumar Krishnan Iyer and Hyunil Sohn are registered as the directors of PUBG India Pvt. Ltd. The latter is the Head Of Corporate Development at KRAFTON Inc. / PUBG Corporation indicating that PUBG India is likely a subsidiary of the above-mentioned companies.
It is likely that all transactions of PUBG Mobile India and other operations of PUBG Corporation will happen through this PUBG India subsidiary. Or to put it in other words, this means that PUBG Corp. has begun the process of setting up full-fledged operations within India.
PUBG Corporation’s $100 Million USD Investment Incoming?
PUBG Corp. has left no stone unturned in trying to get the game back into the country. The South Korean company said it would create a new Indian subsidiary to oversee the title, and that the game would “maximize data security and cater to local preferences”, while also pledging to invest $100 million in the Indian “gaming, esports, entertainment, and IT industries.” This will be the largest investment by a South Korean firm in India outside of the manufacturing sector.
It looks like PUBG Corp. is well on its way to fulfill its promises of developing the gaming and esports industry in India.
Earlier this month, PUBG Mobile announced its return to India with a special version of the game devised for Indian users. The new version of the game claims to have addressed the privacy concerns which were cited as the reason behind the ban. It also features several other changes like having fully clothed characters, green blood splatter, and limits on playtime.