Govt Opens Air India Sale to All Investors — No Aviation Experience Needed ✈️

The government shifts focus from airline experience to financial strength for Air India’s strategic disinvestment, inviting a broader range of investors to participate.

Govt Opens Air India Sale to All Investors — No Aviation Experience Needed ✈️
Mint
163 views • Apr 20, 2018
Govt Opens Air India Sale to All Investors — No Aviation Experience Needed ✈️

About this video

The eligibility criteria for the strategic disinvestment is only financial and does not require investors to have prior experience in the aviation sector. Emphasis on allowing other investors to bid in the Air India privatisation process comes after some airlines, including IndiGo and Jet Airways, dropped out. Financial prudence displayed by the government makes private investors, key players in economic growth and that the process of disinvestment in state-owned enterprises offers an investment opportunity to them. So far the department of investment and public asset management has received a lot of queries regarding Air India privatisation from prospective airline and non-airline investors.

Video Information

Views

163

Duration

1:56

Published

Apr 20, 2018

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