Airlines
India To Get New Aviation Policy After 20 Years of Talks
Promised changes include new investment in regional connectivity
Although Indian law limits foreign ownership of domestic airlines to 49 percent, some established carriers in India complain that startups such as Vistara operate under direct control of their overseas parents. (Photo: Flickr: Creative Commons (BY-SA) by Rameshng)
Although Indian law limits foreign ownership of domestic airlines to 49 percent, some established carriers in India complain that startups such as Vistara operate under direct control of their overseas parents. (Photo: Flickr: Creative Commons (BY-SA) by Rameshng)

India plans to release a new aviation policy next month and put it into effect on April 1, Ministry of Civil Aviation secretary R.N. Choubey confirmed to AIN during a recent civil aviation seminar in Delhi. The policy that has remained a draft for almost two decades comes at an opportune time, as Indian aviation posts record growth rates and low oil prices lead to competitive fares. Once a policy exists, investors can look seriously at investing in infrastructure-related projects.