Yogesh Lakhani Out-of-Home Media · Mumbai
07 · Perspective Five short essays Quotations sourced; framing editorial

What forty-five years of looking at Mumbai teaches you about being seen.

Each essay below begins with something Dr. Yogesh Lakhani has actually said, in a source that is linked. The commentary around it is this site’s, not his, and is marked as such.

01 The future of the medium

Outdoor advertising is becoming a measurable medium, and that changes who buys it.

“The future of OOH is hybrid, interactive, measurable, and responsive — driven by DOOH, AI-driven real-time content, and experiential eco-friendly design.”

For most of its history, outdoor advertising sold estimates. A site had a footfall number attached to it, the number came from a survey, and everybody agreed to treat it as true. Digital screens break that arrangement, because a screen that can change its content by the hour can also be asked what it did in that hour.

Each adjective in his sentence carries a commercial consequence. Hybrid means static and digital inventory sold as one plan rather than two budgets. Measurable means outdoor competing for money that currently defaults to online, where the reporting is better rather than the attention. Responsive means creative that changes with the traffic, the weather or the match score. And eco-friendly means the solar conversion his company has pursued is treated as part of the product, not as corporate housekeeping.

Editorial note The quotation is his; the reading of what each term implies commercially is this site’s.
02 Creativity and space

The best sites are not bought. They are noticed first.

Outdoor advertising, he has said, is “everywhere” — and “when used with creativity, it creates brand new ad spaces” where none previously existed. He calls it “one of the most cost-effective advertising options”.

This is the single most useful idea in his account of the trade, and it is easy to read past. Inventory in out-of-home is not a fixed quantity that operators divide between them. It is created — by seeing that a blank gable end faces four lanes of stopped traffic, that a station wall is read by the same commuters twice a day, that a building can be lit rather than postered.

It also explains the shape of his own career. A man who began by physically installing boards spent a decade looking at the city from the top of a ladder. The advantage he carried into ownership was not capital; it was a mental map of every surface in the western suburbs and how each one behaved.

Source Interview with Exhibition Showcase, in which he sets out the six categories of out-of-home advertising and the case for the medium’s efficiency.
03 Storytelling

A hoarding gets one sentence. That is a discipline, not a limitation.

“Storytelling remains central — even in media and advertising.”

He said this in the context of cinema, which he has loved since he was a boy selling newspapers and sneaking into films. But the observation is sharper applied to his own medium than to the one that prompted it.

Out-of-home is the most compressed narrative form in commercial communication. A driver has perhaps two seconds; a commuter on a platform has longer but is not looking on purpose. Everything a brand wants understood has to survive that. The reason the medium keeps working is that compression forces clarity — the discipline of a single frame is the same discipline that makes a good poster, a good title card or a good opening line.

Editorial note His words concern storytelling in general; the application to outdoor advertising is this site’s extension of the point.
04 Going public

A family business that opens its books becomes a different animal.

“With accountability comes sharper governance, transparency, and investor scrutiny — an impetus to scale responsibly.”

Indian out-of-home advertising has long been a business of private arrangements: leases negotiated individually, rates rarely published, capacity known only to the people holding it. Bright Outdoor Media’s listing on the BSE SME platform in March 2023 put one participant on the other side of that line.

Note what he does not say. He does not present the listing as a fundraising event or an exit. He presents the obligations that came with it — the filings, the questions, the outside eyes — as the thing worth having. For a sector often described as opaque, one listed peer establishes a disclosure standard the rest are eventually measured against.

Context Bright Outdoor Media Limited listed on 24 March 2023 and has stated that it is working towards migration to the BSE Main Board.
05 Relationships

In a renewals business, the relationship is the asset.

“Business may come through networking, but lasting bonds are always built on sincerity and mutual respect.” — and, of his long association with the film industry, “these relationships have been built on mutual respect, trust, and shared creativity.”

There is a version of this sentiment that is merely polite. His is not, because of what his business actually sells. Out-of-home inventory is leased in short terms and re-let constantly; almost nothing about it is a one-off transaction. A media owner whose clients do not come back has no business at all in eighteen months, whatever this quarter looks like.

That is the commercial logic underneath the photographs on this site. Forty-five years of standing next to people at events is not a hobby appended to the work; in a renewals business it is a substantial part of the work itself.

Of walking the red carpet at the 78th Cannes Film Festival in 2025 he said it was “a surreal and deeply humbling experience” — a reasonable reaction from someone who started out delivering slides to cinemas in Mumbai.

Editorial note The quotations are his; the argument that relationships function as a balance-sheet asset in out-of-home is this site’s.
06 Where the ideas were formed

Most of it was worked out in conversation, not on paper.

Yogesh Lakhani in conversation with a fellow guest backstage at a Mumbai event
Pl. 01 In conversation backstage at a Mumbai event.
Yogesh Lakhani with Jackie Chan at a film event in Mumbai
Pl. 02 With Jackie Chan at a film event in Mumbai.
Portrait of Yogesh Lakhani
Pl. 03 Portrait.

Next: the published record