Bollywood Film Barfi is India's Official entry to the Oscars in the Best Foreign Language Film category. The decision was taken at a Film Federation of India (FFI). Barfi will be representing India at the 85th Academy Awards going to be held in February 2013.
Here's the official statement from Siddharth Roy Kapur [Managing Director - Studios, Disney UTV] on Barfi being India's official entry to the Oscars
"We are honoured that Barfi! has been selected to represent India as its official entry to the Academy Awards 2013. Barfi! is very close to the hearts of all of us at UTV and it gives us great satisfaction that a film we have developed and nurtured from its inception has met with so much love from audiences and critics worldwide. An added source of pride is that this is the 4th UTV film in the last 7 years to have been selected to represent India at the Academy Awards; our earlier selections being Rang De Basanti (2006), Harishchandrachi Factory (2009) and Peepli Live (2010)."