Syntech to enter community radio space

Written by Corporate Bureau | Kolkata, May 22 | Updated: May 23 2008, 07:22am hrs
Syntech Informatics, promoters of Radio High 92.7 FM, has planned to enter the community radio space in the state within six months.

The company will start broadcasting in Midnapore and then in the rest of south Bengal.

"We have applied to the ministry of information & broadcasting for a licence,"said managing director Milon Chakraborty.

Syntech made its foray into the FM radio business last year with Radio High 92.7 FM in north Bengal. "We decided to enter the digital entertainment business subsequently," said Chakraborty.

The company will invest Rs 10 crore to set up an institute for media training in south Kolkata and community radio stations across south Bengal. "We have acquired 10 acres to set up the institute," Chakraborty said.

He said the typical investment for setting up a community radio station is around Rs 25 lakh.

Syntech Informatics group company High Media has forayed into the audio CD and digital cinema markets. It has produced a digital movie titled Bahir Mahal.