Government Eases Approval Process for Foreign Direct Investment in Space Sector

India will allow 100% foreign direct investment in the manufacture of satellite systems without official approval and eased the rules for launch vehicles, a government statement said, aiming for a greater share of the global space market. India’s space ambitions got a boost when it became the first country to land a spacecraft near the …

Government Eases Approval Process for Foreign Direct Investment in Space Sector Read More »