CORPORATE
FDI Policy Amendment: Space Sector to get Strong Influx of Capital
The Union Cabinet has approved an amendment in the FDI policy, liberalizing the entry routes for FDI in the space sector.
February 29, 2024
The Union Cabinet has approved an amendment in the FDI policy, liberalizing the entry routes for FDI in the space sector.
The Indian Space Policy, 2023 has taken an important step to create and nurture a robust enabling ecosystem, and the countdown has begun for India as a space power to move to a higher orbit.
With the resources available to the country’s private sector, significant synergies can be unleashed through public-private partnerships in the space sector.