FDI rule reform to be shelved

Dino D'Amore
By Dino D'Amore June 10, 2016 19:42

FDI rule reform to be shelved

The India aviation ministry has decided to shelve a proposal to raise the foreign investment limit in Indian airlines to 74% from the current 49% limit. The proposal was part of the new aviation policy which is awaiting cabinet approval but it has now been removed.

Dino D'Amore
By Dino D'Amore June 10, 2016 19:42