Ratan Tata, on Wednesday, applauded the Government over its transparent implementation of its stated aviation investment policy.

“FIPB approval of the airline project between the Tatas, Air Asia and Bhatias reflects the true investor-friendly policies of the Govt. This and other similar actions, will, without doubt, reinforce investor confidence in India,” Mr. Tata tweeted.

“I applaud the Govt. for its transparency and its principled implementation of the stated policy,” he added.

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