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Foreign direct investment approval enables private acquisition and downstream airport investment to support asset monetisation and infrastructure development. The Cabinet Committee of Economic Affairs approved an FDI proposal for M/s Anchorage Infrastructure Investment Holding Ltd to invest in Indian infrastructure and construction-development sectors, including downstream airport and aviation-related businesses, and authorised share transfer of Bangalore International Airport Limited to Anchorage, facilitating private equity participation and supporting asset monetisation.
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<h1>Foreign direct investment approval enables private acquisition and downstream airport investment to support asset monetisation and infrastructure development.</h1> The Cabinet Committee of Economic Affairs approved an FDI proposal for M/s Anchorage Infrastructure Investment Holding Ltd to invest in Indian infrastructure and construction-development sectors, including downstream airport and aviation-related businesses, and authorised share transfer of Bangalore International Airport Limited to Anchorage, facilitating private equity participation and supporting asset monetisation.