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Skyroot Aerospace: Skyroot chief seeks 74% FDI in space launch vehicle companies, ET Telecom - Vimarsana News

Skyroot Aerospace: Skyroot chief seeks 74% FDI in space launch vehicle companies, ET Telecom

Skyroot Aerospace: “A bare minimum of 49% FDI is what we are looking at. If it can be increased to 74%, it would be an ideal scenario so that we can grow at par with global standards where we get equal access to capital compared to global companies,” Pawan Kumar Chandana told ET.

FDI: Skyroot chief seeks 74% FDI in space launch vehicle companies - Vimarsana News

FDI: Skyroot chief seeks 74% FDI in space launch vehicle companies

“A bare minimum of 49% FDI is what we are looking at. If it can be increased to 74%, it would be an ideal scenario so that we can grow at par with global standards where we get equal access to capital compared to global companies,” Pawan Kumar Chandana told ET.

FDI: Space is capital intensive sector, enabling FDI norms can be transformational: Skyroot CEO - Vimarsana News

FDI: Space is capital intensive sector, enabling FDI norms can be transformational: Skyroot CEO

“A bare minimum of 49% FDI is what we are looking at. If it can be increased to 74%, it would be an ideal scenario so that we can grow at par with global standards where we get equal access to capital compared to global companies,” Pawan Kumar Chandana told ET.

'Space policy has been a game changer in India's private space-tech arena': Skyroot co-founder Pawan Kumar Chandana - Vimarsana News

'Space policy has been a game changer in India's private space-tech arena': Skyroot co-founder Pawan Kumar Chandana

The company announced on Monday that it has raised $27.5 million, taking its total funding to $95 million, confirming growing investor interest in space-tech

Aligarh Muslim University to launch its own satellite soon - Vimarsana News

Aligarh Muslim University to launch its own satellite soon

The project involves the development of 'SS AMU SAT', the first satellite programme named after its founder, Sir Syed Ahmad Khan.

Source: siasat.com