FDI policy

FDI norms in certain sectors likely to be eased under new government: DPIIT Secretary

by
FDI norms in certain sectors likely to be eased under new government: DPIIT Secretary

NEW DELHI: India has recently relaxed foreign direct investment norms in the space sector and there is a possibility of further FDI liberalisation in certain other areas when the new government will come to power, a top official said on Saturday. Secretary in Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh … Read more

Start-ups welcome govt move to liberalise FDI rules for space sector — ‘long-pending reform’ – ThePrint – Select

by
Start-ups welcome govt move to liberalise FDI rules for space sector — ‘long-pending reform’ – ThePrint – Select

Bengaluru: The Union cabinet has approved a move to liberalise the government’s Foreign Direct Investment (FDI) policy in the space sector. Now, the satellite sub-sector has been divided into three categories, each with a threshold up to which FDI is automatically allowed without the need for government approval. According to a government press statement, the … Read more