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Looking at further easing FDI norms in space sector: DPIIT secretary

Looking at further easing FDI norms in space sector: DPIIT secretary
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Space sector fdi: Looking at further easing FDI norms in space sector: DPIIT secretary Rajesh Kumar Singh

The Indian government is considering further relaxing foreign direct investment (FDI) rules in the space sector to attract foreign players, according to a senior official. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), Rajesh Kumar Singh, highlighted the potential for collaboration with Saudi Arabian companies in sectors such as aviation, pharma, renewable energy, and food processing. He also mentioned the scope for investment in the space sector, particularly in areas such as artificial intelligence, robotics, and cyber security. ....

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India looking at further easing FDI norms in space sector: DPIIT secretary

Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that huge scope is there for Saudi Arabian companies to invest in India in different sectors such as aviation, pharma, bulk drugs, renewable energy, food processing and agrti-tech. ....

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