Amendments to FDI Policy on Space Sector
On 21st February, 2024, the Union Cabinet greenlit amendments to the foreign direct investment (FDI) policy for India's space sector, facilitating up to 100 percent investment through three liberalized entry routes.
Key Points
- Liberalized Entry Routes: The amended policy permits up to 100 percent investment under the automatic route for manufacturing components, systems, and subsystems for satellites, ground segments, and user segments.
- Satellite Manufacturing: For manufacturing and operating entire satellites, up to 74 percent investment is allowed under the automatic route, with anything exceeding this limit requiring government approval.
- Launch Vehicles and Systems: In the domain of launch vehicles and related systems, ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 India-US Semiconductor Fabrication Agreement
- 2 UN Pact for the Future: Towards A New Era of Global Governance
- 3 Global Innovation Index 2024
- 4 Digital Agriculture Mission: A Step towards Transforming Farmers’ Lives
- 5 India-Singapore: Strengthening Bilateral Cooperation
- 6 SC Ruling on Sub-Classification of SCs & STs
- 7 Indian Carbon Market: Fulfilling Obligations of Paris Agreement
- 8 India-Austria: Boosting Bilateral Partnership
- 9 Supreme Court’s Ruling on States’ Taxation of Mining Activities
- 10 Climate Finance Taxonomy: Mobilising Investments towards a Sustainable Future
