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Jasubhai Digital Media plans to invest Rs 8 crore in new ventures

09-June-2001
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Jasubhai Digital Media plans to invest Rs 8 crore in new ventures

Jasubhai Digital Media (JDM)plans to invest Rs 8 crore in new ventures, which include new IT magazines, foraying into IT-related events and brand building of the recently launched Digit and Smart Computing magazines.

Anticipating the demand for broadband contents, JDM has already set up a video studio to produce content for prospective broadband players. The company has spent Rs 1 crore in setting up a video studio in Navi Mumbai which will provide broadband contents to broadband players.

Other future plans include, acquisition of international and domestic technology-related companies providing content and research materials. All these are aimed at strengthening the company’s existing offerings.

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