Foreign investors’ confidence is declining in India due to Modi government’s poor policies. 

A report by Air India’s shareholder Singapore Airlines has exposed the declining credibility of Indian aviation.

International news agency Reuters highlighted the downturn in Indian aviation reporting that Air India’s annual losses have exceeded two billion dollars. It reported that tensions in the Middle East and Pakistan’s closure of its airspace have created severe problems for Air India.

According to Reuters, Air India suspended several international flights in recent months, and foreign investment has also sharply declined.