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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» Comment from Mr. Devendra Darda, MD, Lokmat Media on FDI Limit in Print Media