Top Pay, Top Talent May Not Win
Even deploy Singapore’s sharpest minds, navigating the Indian market remains an uphill battle. Air India is no exception.
History shows that India has long been a tough terrain for foreign capital, with numerous multinationals eventually packing their bags. Questioning SIA’s heavy commitment to Air India is not just a commercial query—it goes deeper. Because Temasek is SIA’s majority shareholder, the airline’s capital forms an indirect part of Singapore’s national reserves.
What started as a corporate expansion has now clearly transcended pure commercial considerations into the realm of high-stakes statecraft.
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