FDI Liberalisation In Satellite-Related Activities Will Pave Way For Galaxy of Opportunities, Says PM Modi

Prime Minister Narendra Modi on Thursday said further liberalisation of foreign direct investment (FDI) in the space sector will push growth and innovations. Meanwhile, the industry hopes that such a move will help India expand its footprint in the global space industry.Late on Wednesday, the government had announced easing FDI norms in space sector by allowing 100 per cent overseas investment in
Prime Minister Narendra Modi on Thursday said further liberalisation of foreign direct investment (FDI) in the space sector will push growth and innovations. Meanwhile, the industry hopes that such a move will help India expand its footprint in the global space industry.Late on Wednesday, the government had announced easing FDI norms in space sector by allowing 100 per cent overseas investment in
Go to Source