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Under the revised norms, up to 100 percent foreign investment is allowed for the manufacture of components and systems for satellites, and for ground and user segments, through the automatic route. ....
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. ....
Industry participants, investors and founders alike, expressed enthusiasm for the potential schemes push to the deeptech startup ecosystem that has seen the likes of Ideaforge, Tonbo Imaging and PierSight – across stages of maturity that have defence-led applications. ....
Deeptech is a term for businesses using advanced science and technology to find solutions for complicated problems across over a dozen sectors. The year saw a steady increase in investor interest in high-tech innovation-focused companies. ....