Global Trade Alert
Global Trade Alert

India: Changes in External Commercial Borrowings Policy for the Civil Aviation Sector

Announcement

24 Apr 2012

In April 2012, the government of India announced changed rules for foreign investors.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

24 Apr 2012

Revocation date:

No revocation date

Updated: 24 Apr 2012
FDI: Entry and ownership rule In force

On 24 April 2012, the Reserve Bank of India allowed the Civial Aviation sector to raise External Commercial Borrowings (ECBs) for working capital funding under the approval route. The overall ...

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