text: Govt hikes FDI cap in civil aviation to 49 pc Government today hiked Foreign Direct Investment (FDI) cap for domestic airlines from 40 to 49 per cent through the automatic route but barred foreign airlines from picking up direct or indirect equity.
inputs: Govt hikes FDI cap in civil aviation to 49 pc Government today hiked Foreign Direct Investment (FDI) cap for domestic airlines from 40 to 49 per cent through the automatic route but barred foreign airlines from picking up direct or indirect equity.