Media baron Rupert Murdoch expects the foreign direct investment (FDI) cap on print media to go because the growth of internet has opened up avenues of getting news from "millions" of sources.
There are a number of ways of receiving news in today's world because of growth in internet and technology, News Corporation Chairman and CEO Rupert Murdoch told newsmen.
"I hope in time technology will sweep these things (cap on FDI)," Murdoch said.
Indian laws do not permit foreign firms to invest more than 26 per cent in print media.
Murdoch plans to have a "pan-India presence" by offering news on the digital medium of delivering news.
News Corporation is looking at having a pan-India presence through mobile, electronic and digital mediums, he said. Murdoch was in Mumbai from Delhi. He is reported to have met top government officials last week.
Murdoch said he did not discuss anything on the FDI cap.