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Radio has made a comeback in the lifestyles of Indians. Radio has the reputation of being the oldest and the cheapest medium of entertainment in India. The radio industry has been completely reshaped by the various private players that entered the sector after the government allowed foreign investment into the segment and opened the licenses to the private players.
- Current size: Rs 300 crore
- Projected size by 2010: Rs 1,200 crore
- CAGR: 32%
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