NRIs can acquire up to 100 per cent equity in Air India, says Union minister Prakash Javadekar

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New Delhi: Cabinet approves FDI policy in civil Aviation. NRIs can acquire up to 100 per cent equity in Air India, says Union minister Prakash Javadekar.

FDI Policy amended to permit foreign Investments in M/S Air India Ltd by NRIs who are Indian nationals up to 100 per cent under automatic route.Earlier only 49% was available for sale to NRIs in Air India. Now they can purchase 100% says
Prakash Javadekar.

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