Amendments In FDI Policy Pertaining To The Space Industry:
The Union Cabinet approved amendments in the Foreign Direct Investment (FDI) policy pertaining to the space industry.
Recent Amendments in FDI Policy for the Space Sector:
- 100% FDI Allowed: Under the amended policy, 100% FDI is permitted in the space sector, aiming to attract potential investors to Indian space companies.
- Liberalised Entry Routes: The entry routes for various space activities are as follows:
- Up to 74% under Automatic Route: Satellites-Manufacturing & Operation, Satellite Data Products, Ground Segment & User Segment.
- Beyond 74%, the government route applies.
- Up to 49% under Automatic Route: Launch Vehicles, associated systems or subsystems, Creation of Spaceports.
- Beyond 49%, the government route applies.
- Up to 100% under Automatic Route: Manufacturing of components and systems/sub-systems for satellites, ground segment, and user segment.
