India welcomes aviation investment
Government’s decision will see airlines benefit from a range of opportunities due to foreign investment.
Published On 15 Sep 2012
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.
Source: Al Jazeera