Warning: Invalid argument supplied for foreach() in /var/www/wp-content/themes/sahifa/framework/widgets.php on line 37

Warning: Illegal string offset 'installed_version' in /var/www/wp-content/plugins/envato-market/inc/class-envato-market.php on line 310
June 20, 2016 – Bangalore Aviation

Daily Archives: June 20, 2016

India permits 100% foreign investment in airlines and airports

Domestic ramp at Mumbai Chhatrapati Shivaji airport. Photo copyright Devesh Agarwal.

As part of a dramatic overall liberalisation, the Indian government will allow 100% foreign direct investment in domestic airlines. At present the limit is 49%. However, the caveat is that the 49% is automatic approval while the 100% is automatic for non-resident Indians (NRIs) and with government approval for others. Foreign airlines remain limited investing 49% in Indian companies operating …

Read More »
+OK