Current FDI policy of the government of India does not permit foreign partners owning more than 49% in aviation companies. However, the government may relax this norm for Air India as a special case to help the divestment. While the decision is not taken, it is still not clear if this benefit will be extended to other airlines also.
Current FDI policy of the government of India does not permit foreign partners owning more than 49% in aviation companies. However, the government may relax this norm for Air India as a special case to help the divestment. While the decision is not taken, it is still not clear if this benefit will be extended to other airlines also.