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Sreeram Ananthasayanam, Partner, Deloitte India, said that the recent amendment of higher FDI limits in the space sector is a significant step towards transforming India's space program, in terms of infrastructure development.
IN the global business world, government agencies, including regulators of industries, play a major role in laying the foundation for the creation of strong local companies.
Space Sector FDI: "For the private sector, it opens doors to new business opportunities, it presents an opportunity to leverage private investments to enhance space capabilities, access to cutting-edge technologies to accelerate and develop next-gen space products, and collaboration with global players," Ananthasayanam said.
India Business News: NEW DELHI: The government's recent decision to allow 100% foreign direct investment (FDI) in the manufacturing of satellite components has been welcom.
Churchill Brothers, currently tenth among 13 teams, are focusing on their foreign players as they aim to climb up the I-League standings. The assistant coach, Mario Soares, believes that good foreigners are crucial for a successful campaign in Indian football.