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Will foreign airlines be allowed to own upto 49% of Indian carriers?

Published On: January 17, 2012 | Duration: 1 min, 46 sec

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Will foreign airlines be able to invest directly in Indian carriers? That's what the government is considering. In an attempt to bail out a bleeding aviation sector, the Ministry for Civil Aviation has suggested upto 49 per cent Foreign Direct Investment or FDI be allowed.

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