Bengaluru likely base for Qatar Airways' India subsidiary

Gulf carrier Qatar Airways' proposed full service airline in India is likely to set up its base in Bengaluru and provide connectivity from there to other parts of the country. Akbar Al Baker, Chief Executive Officer of the Doha-based full service carrier, had last month announced in Berlin that Qatar Airways was going to join hands with the investment arm of State of Qatar to start a domestic airline in India with a 100 per cent investment. "Qatar Airways proposed Indian subsidiary is likely to make Bengaluru as its base instead of Delhi or Mumbai," an industry source said. Qatar Airways, which is among the top three Gulf carriers, has been exploring investment opportunities in India. Last June, India allowed foreign investors -- barring overseas airlines -- to own up to 100 per cent stake in local carriers by liberalising FDI regulations. Courtesy: The Economic Times

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