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Union Cabinet Gives Nod for up to 100% FDI in Space Sector: Space Industry Welcomes New Norms, Expects USD 25 Billion Fresh Investment in 10 Years

India’s decision to revise its Foreign Direct Investment (FDI) norms for the space sector is expected to bring in fresh foreign investments up to $25 billion over the next decade and result in a wave of collaborations between Indian and foreign companies, said a senior official of SIA-India. Union Cabinet Gives Nod for up to 100% FDI in Space Sector: Space Industry Welcomes New Norms, Expects USD 25 Billion Fresh Investment in 10 Years. ....

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space FDI norms: Easing of FDI norms: Space industry says it will pave way for growth, innovation

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. ....

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