BBC Studios has confirmed its exit from India's TV production market, and instead signed a deal with Banijay Asia.

The deal gives Banijay Asia exclusive rights to BBC Studios’ unscripted and scripted format catalog in India. The agreement takes effect after BBC Studios completes its current production commitments in the region.

Based in Mumbai, Banijay Asia will have exclusive access to BBC Studios’ format catalogue for local production.

The new partnership will see BBC Studios cease its own production activity locally, once current and contracted commitments are delivered, to focus on this new model in India