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Space Sector

Govt notifies liberalised FDI norms for space sector to boost foreign investment

Govt notifies liberalised FDI norms for space sector to boost foreign investment

Wed, Apr 17, 2024

As per the notification, up to 74 per cent FDI for satellite manufacturing & operation, satellite data products and ground segment & user segment are allowed under automatic route. Beyond 74 per cent these activities are under government route.

DPIIT notifies changes in FDI norms in space sector

DPIIT notifies changes in FDI norms in space sector

Wed, Mar 06, 2024

The government has allowed 100 per cent overseas investment in making components for satellites, as part of efforts to attract foreign players and private companies into the segment.

India opens space sector to 100% foreign investment with new FDI policy

India opens space sector to 100% foreign investment with new FDI policy

Thu, Feb 22, 2024

Cabinet changes FDI policy in space sector, 100% FDI approved in space sector, which companies will benefit? Know complete details

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Space sector startup Skyroot unveils indigenously built Vikram-1 rocket

Space sector startup Skyroot unveils indigenously built Vikram-1 rocket

Tue, Oct 24, 2023

Space, Science and Technology Minister Jitendra Singh, after unveiling the rocket, also inaugurated 'The MAX-Q Campus', the new headquarters of the start-up at the GMR Aerospace and Industrial Park at Mamidipally in Hyderabad.

Looking at further easing FDI norms in space sector: DPIIT secretary

Looking at further easing FDI norms in space sector: DPIIT secretary

Mon, Sep 11, 2023

Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that huge scope is there for Saudi Arabian companies to invest in India in different sectors such as aviation, pharma, bulk drugs, renewable energy, food processing and agrti-tech.

Space dept gets additional Rs 1,048 crore, atomic power Rs 498 crore more in Budget 2017

Space dept gets additional Rs 1,048 crore, atomic power Rs 498 crore more in Budget 2017

Thu, Feb 02, 2017

The Department of Space (DOS) got a net allocation of Rs 9,093.71 crore for the next fiscal, up from Rs 8,045.28 crore as per the revised budget estimate for 2016-17.

India must build its own space station

India must build its own space station

Wed, May 18, 2016

India should actively get into building its own space station in the Low Earth Orbit (LEO) as its next space frontier since the time is opportune for this, a retired space scientist has said.

US' private space industry opposes use of ISRO launch vehicles

US' private space industry opposes use of ISRO launch vehicles

Thu, Apr 21, 2016

Eric Stallmer, president Commercial Spaceflight Federation, opposed efforts to facilitate a government- subsidised foreign launch company.

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