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Asia
India welcomes aviation investment
Government's decision will see airlines benefit from a range of opportunities due to foreign investment.
Last Modified: 15 Sep 2012 11:03

India's government has given the go-ahead for direct foreign investment into the country's domestic airline industry.

The move is seen as offering a much needed lifeline to companies struggling with multi-million-dollar losses over recent years.

Al Jazeera's Sohail Rahman reports from Chennai in southern India.

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Source:
Al Jazeera
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