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Strategic policy reforms that can propel the Indian space sector to a faster growth trajectory

Strategic policy reforms that can propel the Indian space sector to a faster growth trajectory
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space-based broadband internet access: India s space industry seeks bold reforms, clarity on FDI

India s private space industry is seeking transformative reforms to boost its growth. The industry is embracing the government s decision to allocate satellite-based spectrum, enabling space-based broadband internet access in remote areas. Industry bodies, the Indian Space Association (ISpA) and Satcom Industry Association (SIA-India), have requested the government to bring the Space Activity Bill for Parliament approval to cover various factors of India s space goals.

FDI policy for space sector in final stages of being announced by government: ISpA, ET Telecom

“We believe once the FDI policy is in place, funds will flow from Indian big companies once they become profitable. There will be financial incentives to private players to be able to operate and they will be able to get finances not only from the country, but from international sources too,” Bhatt said.

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