Dubai: Trade and Minister of Industry Pyush Goyal on Saturday said the government had not made a decision about Air India so far and the last winner will be elected through a well-defined process.
“I have been in Dubai since …
the day before and I didn’t think there was such a decision that had happened at all.
Of course the offer was invited …
and it was rated by officers and in time.
There was a whole process set well Where the final winner will be selected, “he told reporters here.
He replied to questions about media reports stating that Tatas had emerged as the top bidder for the takeover of Air Laden India.
Tuhin Kanta Pandey, Secretary for the Department of Investment and Public Asset Management (Depam) – The government department responsible for privatization – has said in a tweet on Friday that the center has so far not approved the financial offer for Air India.
“Media reports that show the financial offer agreement by the Indian government in the case of Disinvestment AI are wrong.
The media will be notified of the government’s decision as and when taken,” he tweeted.
When asked about the free trade agreement proposed with the UAE, he said there were many opportunities for Indian businesses in sectors such as textiles, gems and jewelry, pharma and health care.
There is extraordinary potential in goods and services, he added.
On investment, he said, “we must encourage Indian business to be involved with the UAE.”
The government has not made a decision about Air India so far: goyal
