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India Liberalizes Policy for Foreign Investment in the Growing Space Sector
Director Ratan Shrivastava, wrote an update to clients on India’s recent moves to liberalize policies for foreign investment in the country’s growing space sector. Context The Indian government on February 21 approved the new FDI policy for the space sector with the following permissible FDI limits, under an automatic route, divided into three sub-sectors: Up to 74 percent FDI for satellite manufacturing and operation, satellite data products and the ground and user segments. Up to 49 percent … Continue Reading
