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Central government modifies FDI policy, foreign airlines to be allowed to invest upto 49 per cent in Air India

Central government modifies FDI policy, foreign airlines to be allowed to invest upto 49 per cent in Air India

Jan 11, 2018, at 10:40 pm

New Delhi, Jan 11 (IBNS): Foreign airlines will be allowed to invest up to 49 per cent in Air India via the approval route after the Union Cabinet chaired by Prime Minister Narendra Modi gave its approval to a number of amendments in the Foreign Direct Investment (FDI) Policy, according to media reports on Thursday.