India opens its space sector to 100% foreign investment with new FDI policy
Edited By WION Video Desk
Published: Feb 23, 2024, 05:15 IST | Updated: Feb 23, 2024, 05:15 IST
India's space industry is preparing for liftoff with a major policy shift. The government has announced 100% Foreign Direct Investment (FDI) in the satellites sector, marking a significant step towards opening up the industry. This move, aligned with the Indian space policy 2023, aims to attract global investment, boost private participation, and accelerate the nation's space ambitions.
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