Paras Defence & Space Technologies: How 100% FDI via automatic route will help the space technology sector?
Amit N Mahajan expects FDI to empower companies for bigger programmes. Paras Defence & Space Technologies will explore opportunities in satellites and payload missions. Start-ups working with Paras will benefit. FDI will boost the Indian space industry. The companys growth trajectory is robust, maintaining a handsome growth rate. The medium term potential is strong with a projected CAGR of 30%.
Source: indiatimes.com