According to the reports, India is planning to sell a majority stake in Air India, the country’s national carrier, to a strategic partner in a bid to turn around the loss-making the airline. 

The proposal includes reviving Air India within five years of selling a 51 percent stake, asking not to be identified as the information isn't public. Talks are at an initial stage and presentations have been made to the finance ministry and the prime minister's office. 

The government has infused $3.6 billion in the past 6 years to Air India. 

Air India's share in local market reduced to 14% from 35% a decade back. 

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