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Emirates considers investing in India

Emirates Airline has said it may consider investing in an Indian carrier, even a loss-making one, but only if it gets management control, Dow Jones has reported. "For Emirates, as for any other airline, I think it's important, we are involved in the decision-making in terms of which route we are supposed to go, adding or closing stations [destinations], adding or reducing manpower," Majid Al Mualla, senior vice-president, commercial operations, for West Asia and the Indian Ocean, told the news service. India allows up to 49% foreign direct investment in airlines, including by companies and individuals, but overseas carriers are barred. The government is considering allowing investment by foreign airlines, but it isn't clear when the proposal would be passed.