The introduction of satellite-based internet connectivity hinges upon the notification of satellite spectrum allocation rules under the new Telecom Act, 2023; this, however, could take a while.
Easing FDI norms will help increase India s share in global space economy – The Navhind Times navhindtimes.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from navhindtimes.in Daily Mail and Mail on Sunday newspapers.
India s Space Sector: Overcoming Challenges, expanding Horizons with FDI Liberalization - Defence News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
India s private space industry has welcomed the easing of its Foreign Direct Investment (FDI) policy, describing it as a "pivotal move" to boost investments and increase the country s share in the global space economy. Industry leaders believe that the government s decision to permit 100% overseas investment in satellite component manufacturing and up to 49% FDI through the automatic route for launch vehicles and associated systems or subsystems has provided much-needed clarity for the sector.