Tag Archives: FDI in Media

Why hasn’t India thrown up a media mogul?

Indian media houses, promoters and practitioners are gung-ho about foreign direct investment (FDI) in all sectors except the media, under the specious argument that the media is not a “commodity”, etc. Media barons who justify the worst excesses of modern Indian media under the this-is-what-the-consumer-wants logic, somehow find it convenient to block FDI in media…