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100 percent FDI for space sector
February 26 , 2024
145 days
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- The central government approved up to 100% foreign direct investment (FDI) for some activities in the space sector.
- The FDI in the space sector has been classified into three categories.
- The first category allows up to 74% FDI under automatic route in satellite manufacturing and operation, satellite data products and ground segment and user segment.
- In this category, beyond 74% FDI would be cleared via the government route.
- In the second category, FDI not more than 49% will be allowed through automatic route for launch vehicles and associated systems or subsystems, creation of spaceports for launching and receiving spacecraft.
- In this category, beyond 49% FDI, these activities would come under government route.
- In the third category, the cabinet has approved up to 100% in the third category.
- Available Under automatic route for manufacturing of components and systems or sub-systems for satellites, ground segment and user-segment.
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