By the year 2016, India could have close to 1000 radio FM channels.Speaking at the FICCI Frames 2015 convention in Mumbai, Information and Broadcasting Ministry additional secretary JS Mathur said, “It is an exciting time for the radio industry.The FM radio expansion in the country, which has also got the nod of the government of India, will see the first batch of phase III e-auction very soon. This will be covering 69 cities and 135 channels.” Mathuradded that while it is was exciting time for the industry, but with that also comes challenges.
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