Defence Monitor

FDI policy

Space Activity Bill, revised FDI policy top wishlist of private players

Space Activity Bill, revised FDI policy top wishlist of private players

Chennai, July 23, Experts say that a revised policy on Foreign Direct Investment (FDI) for the space sector, coming out with the Space Activity Bill, encouraging upstream industries are some of the big moves that await the Indian space sector. Two years after opening up the space sector for private players, the Indian government recently came out with the sectoral policy. According to industry experts, apart from the policy, the Space Activity Bill and a revised FDI policy should be announced. “The next move should be to create a strong upstream industry in India. This is essential for the start-ups…
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