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The Union Cabinet chaired by Prime Minister Narendra Modi approved the amendment in Foreign Direct Investment (FDI) policy on space sector.  Now, the satellites sub-sector has been divided into three different activities with defined limits for foreign investment in each such sector. The Indian Space Policy 2023 was notified as an overarching, composite and dynamic…

“Under the amended FDI policy, 100% FDI is allowed in space sector,” a press release said.

New Delhi, Feb 21 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the amendment in the Foreign Direct Investment

The Union Cabinet on Wednesday approved the amendment to Foreign Direct Investment (FDI) policy on the space sector. With this move the satellites sub-sector has been divided into three different activities with defined limits for foreign investment in each such sector, India News, Times Now

Japan's space agency will try to launch its new flagship rocket on Saturday, hoping for third time lucky following years of delays and two aborted attempts.Designed for "high flexibility, high reliability, and high cost performance", the H3 will "maintain Japan's autonomous access to space", space agency JAXA says.