Prakash Magdum Appointed as New MD of NFDC

On May 5, 2025, Shri Prakash Magdum, a seasoned Indian Information Service (IIS) officer of the 1999 batch, officially assumed charge as the Managing Director of the National Film Development Corporation (NFDC). With a career spanning over two decades in film, communication, and cultural preservation, Shri Magdum brings a wealth of experience to India’s apex film development institution.

Why in News?

The Ministry of Information and Broadcasting announced the appointment of Shri Prakash Magdum as the new Managing Director of NFDC. His prior contributions to the National Film Archive of India (NFAI) and roles in key government communication positions underscore the significance of this leadership transition.

Professional Journey of Shri Prakash Magdum

• 1999-batch Indian Information Service (IIS) officer.

Former roles include,

• Additional Director General, Press Information Bureau (PIB) & Central Bureau of Communication (CBC), Ahmedabad.
• Director, National Film Archive of India (NFAI), Pune.
• Registrar, Film and Television Institute of India (FTII).
• Spokesperson, Ministry of Defence, Thiruvananthapuram.

Key Contributions at NFAI

• Played a pivotal role in executing the National Film Heritage Mission (NFHM).

Oversaw

• Preservation and digitization of vintage Indian films.
• Restoration of classic cinema.
• Modernization of archival facilities for cinematic heritage conservation.

About NFDC

• Established: 1975 (formerly Film Finance Corporation, established 1964).
• Purpose: Promote the growth of Indian cinema, especially regional and parallel cinema.
• Headquarters: Mumbai, Maharashtra.

Key functions include,

• Financing films.
• Facilitating co-productions.
• Organizing international film festivals and markets (e.g., Film Bazaar).
• Promoting Indian films globally.

Significance of Appointment

• Shri Magdum’s archival and institutional experience is expected to:
• Boost the cultural outreach of NFDC.
• Enhance film restoration and international promotion.
• Strengthen India’s position in global cinematic platforms.
• Aligns with India’s growing focus on soft power diplomacy through cinema.