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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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