On Monday, the cabinet amended the FDI rules for the space sector, allowing 74% FDI under the automatic route for satellite manufacturing/operations and satellite data products. It also allowed up to 49% FDI under the automatic route for satellite launch vehicles and up to 100% FDI under automatic route for manufacturing of satellite sector components and sub-systems.
Space Sector Startups: On Monday, the cabinet amended the FDI rules for the space sector, allowing 74% FDI under the automatic route for satellite manufacturing/operations and satellite data products. It also allowed up to 49% FDI under the automatic route for satellite launch vehicles and up to 100% FDI under automatic route for manufacturing of satellite sector components and sub-systems.
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.