Ajit Singh hints at FDI in aviation

The beleagured aviation space might finally gear up for some action. Civil aviation minister Ajit Singh said that the government will soon start talks with allies to reach a consensus on the crucial issue of Foreign Direct Investment (FDI) in aviation.

May 21, 2012 / 17:38 IST

The beleagured aviation space might finally gear up for some action.

Civil aviation minister Ajit Singh said that the government will soon start talks with allies to reach a consensus on the crucial issue of Foreign Direct Investment (FDI) in aviation.

The department of industrial policy and promotion has circulated the cabinet note on allowing 49% FDI by foreign airlines.

first published: May 21, 2012 05:33 pm

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