Indian officials met with as many as nine companies during roadshows to gauge interest in a stake sale in the nation’s loss-making flag carrier, people with knowledge of the matter said. Officials met executives of companies including British Airways parent IAG SA, IndiGo, which is India’s biggest airline, SpiceJet Ltd, as well as Tata Sons Ltd, the the sources said. Buyers will need to absorb over Rs. 23,000 crore of the national carrier's debt. In 2018, the government didn't find a single bidder.

Indian officials met with as many as nine companies during roadshows to gauge interest in a stake sale in the nation’s loss-making flag carrier, people with knowledge of the matter said. Officials met executives of companies including British Airways parent IAG SA, IndiGo, which is India’s biggest airline, SpiceJet Ltd, as well as Tata Sons Ltd, the the sources said. Buyers will need to absorb over Rs. 23,000 crore of the national carrier's debt. In 2018, the government didn't find a single bidder.