Saturday, March 18, 2017

Modalities of 100% FDI in civil aviation being worked out: Jayant Sinha

Minister of state for civil aviation, Jayant Sinha tells CNBC-TV18 that foreign carriers are interested in coming to India and he would welcome any foreign direct investment in the aviation sector.

Talking to Ashpreet Sethi of CNBC-TV18 he said that he is willing to offer land clearances to foreign companies for maintenance, repair and operations (MRO) set up.

He said that modalities of 100 percent foreign direct investment (FDI) in civil aviation are being worked out.

On the topic of Qatar Airways setting domestic airline in India, he said that no talks have been initiated with the company.
17/03/17 CNBC-TV18