Mr.Devendra Darda MD Lokmat Media welcomes the move of increase in FDI limit in print media

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by Shrutee K/DNS

Mr.Devendra Darda, MD, Lokmat Media welcomes the move of increase in FDI limit in print media as it will greatly benefit regional media. With the increase in FDI limit, more capital will flow and encourage the industry to grow. India has a highly competitive landscape and hence any negatives of increased limit will not be applicable. Moreover, appropriate regulatory changes will ensure that national interests are always protected even in a higher FDI regime. Regional media will be of great interest to investors as India's growth story is playing out there.

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