100% FDI in space sector
What’s in the news?
- The Centre has approved an amendment in the Foreign Direct Investment, FDI policy, allowing 100% foreign investment in the space sector.
- The liberalized entry routes under the amended policy are aimed to attract potential investors to invest in Indian companies in space.
- FDI up to 100% under the Automatic route will be allowed for the manufacturing of components and systems or sub-systems for satellites, ground segments, and user segments.
Tag:100% FDI, gs 3, Investment, space, space sector
Subscribe
Login
0 Comments