Other Advertising options on Radio: Contest Competition for 15 minutes Contest competition for a Month Interviews - Charges per hour basis. Live Broadcast On Location - Charges per hour basis. Creative Charges/Production Fee Extra. Other Facts about Radio Station in India: FM Radio stations in India has a reach to 86 cities at present. At present, the Indian radio industry - which has 36 operators - tots up a turnover of Rs 1,200 crore a year. At present there are 240 FM Radio station. FM radio reaches 40 million listeners in the four metros. FDI and FII limits in a private FM radio broadcasting company have been increased from 20 per cent to 26 per cent Private operators have been allowed to own more than one channel but not more than 40 per cent of the total channels in a city subject to a minimum of three different operators in the city. The increase in FDI puts radio at par with print and news chan...