Shaping Investment Horizons: Liberalisation of FDI Policy in the Space Sector

Description

Foreign direct investment (FDI) in the space sector has so far been permitted only in respect of establishment
and operation of satellites under the Government Approval route. In 2020, the Government of India (GOI)
established the Indian National Space Promotion and Authorization Center (IN-SPACe) to encourage
greater private participation in the space sector and to act as the nodal, single window clearance agency for
projects under the aegis of the Department of Space.