Dr Jitendra Singh says, presently FDI in space sector is allowed up to 100% in the area of Satellites-Establishment and Operations through Government route only
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Apr 10, 2023 11:13
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Dr. Jitendra Singh said, presently FDI in space sector is allowed up to 100% in the area of Satellites-Establishment and Operations through Government route only.
In a statement laid on the table of the Rajya Sabha, Dr Jitendra Singh said, Indian National Space Promotion and Authorization Centre (IN-SPACe) being the regulatory and promotional body for space activities was involved in revision of FDI policy which is presently under consideration of the Government.
The specific role of IN-SPACe for channelizing FDI will evolve after approval of revised FDI policy by the Government.
