Fdi In Airlines

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

The present FDI rules allow up to 100 per cent FDI in domestic carriers but the investment by a foreign airline is capped at 49 per cent. Further, substantial ownership and effective control has to be in the hands of Indians.

India has permitted foreign investors, barring foreign airlines, from owning up to 100 per cent stake in local carriers.

The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...

The Cabinet today liberalised FDI or foreign direct investment in key sectors including allowing 100 per cent FDI under automatic route in single brand retail trading. It also allowed foreign airlines to invest up to 49 per cent under approval route in national carrier Air India. This move is expected to expedite the divestment process for Air Indi...

FDI during April-September this fiscal year grew by 17 per cent to $25.35 billion. FDI into India increased by 9 per cent to $43.48 billion in 2016-17.

The Minister of State for Civil Aviation also said the Ministry has not yet received any formal application from any airline with respect to 100 per cent FDI.

Defending himself in a string of tweets, Mr Mallya said all he sought was help related to policy change and not loans, questioning "public funds given to Air India".

As part of liberalising norms to overseas investments, foreign non-airline players can own up to 100 per cent stake in local carriers.

The government on Thursday said it will amend the existing policy for grant of air operator permit (AOP) to bring it in line with its recent decision to allow 100 per cent foreign direct investment in domestic airlines.

Airlines might not be "angels but definitely they are not demons", Civil Aviation Minister Ashok Gajapathi Raju on Thursday said amid concerns over arbitrary hike in airfares and emphasised that carriers have been responsive during crises.

Officially at least, Ratan Tata, patriarch of one of India's wealthiest business families, retired in late 2012. In reality, he has been a driving force behind Tata's bet on airlines and a rare public campaign to open up the booming aviation sector.

Foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, the government today said unveiling significant reforms.

Under the new FDI norms, foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, while the equity holding was has remained restricted at 49 per cent.

India eased rules for foreign investment in the country's aviation sector on Monday in a bid to boost air travel and develop new airports in Asia's third-largest economy.

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

The present FDI rules allow up to 100 per cent FDI in domestic carriers but the investment by a foreign airline is capped at 49 per cent. Further, substantial ownership and effective control has to be in the hands of Indians.

India has permitted foreign investors, barring foreign airlines, from owning up to 100 per cent stake in local carriers.

The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...

The Cabinet today liberalised FDI or foreign direct investment in key sectors including allowing 100 per cent FDI under automatic route in single brand retail trading. It also allowed foreign airlines to invest up to 49 per cent under approval route in national carrier Air India. This move is expected to expedite the divestment process for Air Indi...

FDI during April-September this fiscal year grew by 17 per cent to $25.35 billion. FDI into India increased by 9 per cent to $43.48 billion in 2016-17.

The Minister of State for Civil Aviation also said the Ministry has not yet received any formal application from any airline with respect to 100 per cent FDI.

Defending himself in a string of tweets, Mr Mallya said all he sought was help related to policy change and not loans, questioning "public funds given to Air India".

As part of liberalising norms to overseas investments, foreign non-airline players can own up to 100 per cent stake in local carriers.

The government on Thursday said it will amend the existing policy for grant of air operator permit (AOP) to bring it in line with its recent decision to allow 100 per cent foreign direct investment in domestic airlines.

Airlines might not be "angels but definitely they are not demons", Civil Aviation Minister Ashok Gajapathi Raju on Thursday said amid concerns over arbitrary hike in airfares and emphasised that carriers have been responsive during crises.

Officially at least, Ratan Tata, patriarch of one of India's wealthiest business families, retired in late 2012. In reality, he has been a driving force behind Tata's bet on airlines and a rare public campaign to open up the booming aviation sector.

Foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, the government today said unveiling significant reforms.

Under the new FDI norms, foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, while the equity holding was has remained restricted at 49 per cent.

India eased rules for foreign investment in the country's aviation sector on Monday in a bid to boost air travel and develop new airports in Asia's third-largest economy.