Gopinath Sees Room for More Indian Low-Cost Airlines

G.R. Gopinath, who founded India’s first budget carrier and later sold it to Vijay Mallya’s Kingfisher Airlines Ltd., talks about India’s decision to allow local airlines to sell stakes of as much as 49 percent to overseas carriers and its implications for the nation's aviation industry.

He speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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