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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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