FT India plans

Exchange4media.com is reporting that the Financial Times is gearing up to launch a South Asian edition. Government approval is still be sought although a country head and business development director have been hired.

We will see how much further this gets than the IHT and Wall Street Journal plans for India. The market remains a tough one both commercially and from the regulators. Although much more open than China, there is deep-rooted bureaucratic opposition to foreign newspapers.