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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. ....
The government on Wednesday eased FDI norms and permitted 100 per cent overseas investment in making components for satellites, as part of efforts to attract overseas players and private companies into the segment. ....
Late on 21 February, the Union cabinet approved a new FDI policy for the space sector, which will allow FDI ranging from 49-100% in different areas. ....
GalaxEye Space, Dhruva Space, and Pixxel, along with the Indian Space Association (ISpA), call on the Indian government to implement a digital public infrastructure (DPI) for earth observation-based geospatial analytics. They propose an initiative that provides open access to satellite data archives, ground station networks, and cloud computing resources, enabling space startups to build applications. ....