Close Menu
Stratnews GlobalStratnews Global
    Facebook X (Twitter) Instagram
    Trending
    • India Welcomes Shubhanshu Shukla Home After Historic 18-Day ISS Mission
    • Trump to Unveil $70 Billion AI and Energy Investment Plan at Key Industry Summit
    • Germany Aims for 10% AI-Driven Economy by 2030 in New Tech Strategy
    • ASML Recruitment Drive in China: Talent and Trade in the Puzzle of Complex Interdependence
    • Tesla Launches $70,000 Model Y in India, Focuses on Luxury EV Buyers
    • US Lawmakers Advance Crypto Bills in Landmark ‘Crypto Week’ for Digital Assets
    • SpaceX Dragon Capsule Brings Axiom Crew, Led by Peggy Whitson, Back to Earth
    • Axiom‑4 Splashdown Spotlights India‑Russia Space Alliance
    Stratnews GlobalStratnews Global
    Write for Us
    Wednesday, July 16
    • Space
    • Science
    • AI and Robotics
    • Industry News
    Stratnews GlobalStratnews Global
    Home » The government is considering revising the FDI policy for satellites

    The government is considering revising the FDI policy for satellites

    StratNewsGlobal Tech TeamBy StratNewsGlobal Tech TeamApril 7, 2023Updated:April 7, 2023 Economy & Culture No Comments1 Min Read

    Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, and Atomic Energy and Space, Dr. Jitendra Singh, has announced that the Indian government is considering revising its foreign direct investment (FDI) policy for the space sector.

    Presently, the FDI policy in the space sector allows up to 100% FDI in satellite establishment and operations through the government route only. However, the Indian National Space Promotion and Authorization Centre (IN-SPACe), the regulatory and promotional body for space activities, is involved in revising the FDI policy, which is expected to give private players a chance to invest in this space.

    Once the government approves the revised FDI policy, the specific role of IN-SPACe in channelizing FDI will evolve accordingly. The statement was laid on the table of the Rajya Sabha.

    The Indian government has been taking various steps to promote private sector participation in the space sector, including opening up the space sector for private entities and offering incentives for private investment. The move to revise the FDI policy is another step in this direction, which could boost investment in the Indian space sector and facilitate the growth of the private space industry in the country.

    Author

    • StratNewsGlobal Tech Team
      StratNewsGlobal Tech Team

      View all posts
    Featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram WhatsApp
    StratNewsGlobal Tech Team
    • Website

    Keep Reading

    India Welcomes Shubhanshu Shukla Home After Historic 18-Day ISS Mission

    Trump to Unveil $70 Billion AI and Energy Investment Plan at Key Industry Summit

    Germany Aims for 10% AI-Driven Economy by 2030 in New Tech Strategy

    ASML Recruitment Drive in China: Talent and Trade in the Puzzle of Complex Interdependence

    Tesla Launches $70,000 Model Y in India, Focuses on Luxury EV Buyers

    US Lawmakers Advance Crypto Bills in Landmark ‘Crypto Week’ for Digital Assets

    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    India Welcomes Shubhanshu Shukla Home After Historic 18-Day ISS Mission

    July 15, 2025

    Trump to Unveil $70 Billion AI and Energy Investment Plan at Key Industry Summit

    July 15, 2025

    Germany Aims for 10% AI-Driven Economy by 2030 in New Tech Strategy

    July 15, 2025

    ASML Recruitment Drive in China: Talent and Trade in the Puzzle of Complex Interdependence

    July 15, 2025

    Tesla Launches $70,000 Model Y in India, Focuses on Luxury EV Buyers

    July 15, 2025

    US Lawmakers Advance Crypto Bills in Landmark ‘Crypto Week’ for Digital Assets

    July 15, 2025

    SpaceX Dragon Capsule Brings Axiom Crew, Led by Peggy Whitson, Back to Earth

    July 15, 2025

    Axiom‑4 Splashdown Spotlights India‑Russia Space Alliance

    July 14, 2025

    China Smart Device Industry Grows in 2025

    July 14, 2025

    India’s Star Ambassador: Axiom-4: A Giant Leap for India

    July 14, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    • Astronomical Events
    • Space Missions
    • Industry News
    • Science
    StratNewsGlobal Tech
    Facebook X (Twitter) Instagram LinkedIn YouTube
    © 2025 StratNews Global, A unit of BharatShakti Communications LLP
    • About Us
    • Contributors
    • Copyright
    • Contact
    • Write for Us

    Type above and press Enter to search. Press Esc to cancel.