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NEW
DELHI: The recent government decision to allow 26 per cent
FDI in news publications and up to 74 per cent in non-news
media publications reversed the half a century old ban on
foreign investment in the Print Media.
Even as the government is in the process of finalising the
guidelines, a section of the industry feels that this step
would enable the Indian print industry to access increased
funds in the form of foreign equity while the other section
is apprehensive about the process of giving access to the
foreign institutions to the print medium.
To
facilitate discussion on "Living with FDI in print media",
CII is organising a roundtable at 10:30 am, on 26 August
at CII Headquarters in New Delhi.
The
Roundtable will be addressed by Dileep Padgaonkar, executive
managing editor, The Times of India (not in favour
of FDI in print medium); TN Ninan, editor, Business Standard
and Chandan Mitra, editor, The Pioneer (both
pro-FDI).
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