Whom do you see as the next Lata Mangeshkar in the industry?We have so many talented singers. I don’t know about another Lata Mangeshkar, but every artiste is special. Asha Bhonsle, Sunidhi Chauhan and Shreya Ghoshal, all have their own place. But I believe there will be someone better than me.What urged you to launch the label now?I was always interested in doing non-film work. But there also was some anxiety, as people hardly buy music albums now. We’ve worked hard to come up with LM Music. People like Amitabh Bachchan, Shankar Mahadevan and Suresh Wadekar have been very helpful. I hope for the best.And since I’ve spent more than 70 years of my life in the industry, this label is my way of expressing my gratitude.What is LM Music’s plan now?We want to launch a competition to give young singers a platform. Reality shows feature so many talented kids, but there’s only one winner and even that winner doesn’t always get a break. We want to give budding artistes opportunities to launch albums, both in Hindi and Marathi.Follow us at @htShowbiz