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India may allow 100% FDI in aviation by February 2020

India may allow 100% FDI in aviation by February 2020


Particularly, the government wanted to attract international players to bid for Air India and find buyers for Jet Airways.


Finance Minister Nirmala Sitharaman may raise the 49 percent foreign direct investment cap in the country’s aviation industry to 100 percent during the upcoming budget in February 2020.
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