Asia/Pacific

Indian aviation opening up further? The WGCA try their luck

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Indian aviation opening up further? The WGCA try their luck

The Working Group on Civil Aviation (WGCA) comprising secretaries of various ministries has proposed raising the foreign direct investment (FDI) limit to 49%. The members of the WGCA told the civil aviation secretary, who heads the group, that a 49 % stake sale would be far more attractive to foreig...

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