India aims to sell two or three state-owned firms to local or foreign firms to raise up to 600 billion rupees ($8.5 billion) by March 2020, a senior Finance Ministry official said on Monday.
The government planned to sell Bharat Petroleum Corp Ltd , logistics firm Container Corp of India Ltd and debt-laden Air India before the end of the 2019/20 financial year, the official, who asked not to be named, told reporters.