Air India to sell off this Mumbai icon? Maharaja will no longer be same
The government is planning to sell the iconic building of Air India at Mumbai. The building is to be sold to the country’s biggest container port – the Jawaharlal Nehru Port Trust. The state-owned JNPT will acquire the building from the beleaguered, cash-strapped airline under guidance from the Ministry of Shipping, sources told PTI.
When government’s efforts of Air India’s strategic disinvestment failed to take off, then came the proposal to sell the building to state-owned JNPT. Image source: Reuters