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India News: The PM Narendra Union Cabinet approved an amendment in the FDI policy in the Indian space sector, allowing 100% overseas investment in making componen
“Under the amended FDI policy, 100% FDI is allowed in space sector,” a press release said.
The amended FDI policy for the space sector seeks to attract investments in Indian companies in the sector and enhance ease of doing business
Science News: Isro achieves human rating of cryogenic engine CE20 for Gaganyaan mission, completing ground qualification, hot firing, and acceptance tests. The proj
India has updated official rules in the space sector to attract global investors and companies, after opening it up to private players four years ago. Private and public actors in India have been taking measures to increase participation in the country's space sector. India's space agency, the Indian Space Research Organisation (ISRO), has also made significant strides in the last few months to gain global attention, including the successful moon landing of its Chandrayaan-3 spacecraft and partnership with NASA over joining Artemis Accords.