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Home -> Finance -> Full Story
FDI will make India hub of Asian printing: Sushma
Monday, December 16 2002 16:35 Hrs (IST)

New Delhi: India is likely to become a hub for printing Asian editions of technical and speciality magazines following the decision to allow 74 per cent foreign direct investment (FDI) in non-news and non-current affairs publications, Information and Broadcasting Minister Sushma Swaraj has said.

The government's decision to open up the sector to FDI would give a boom to the Indian print industry, Swaraj said presiding over the Golden Jubilee celebrations of All India Federation of Master Printers on the night of December 15, an official release said on December 16.

Foreseeing a revolution in the sector, she said the industry would be able to adopt latest technologies and compete with the best in the world.

PTI