India Updates Investment Rules: 100% FDI in Satellite Manufacturing, Mixed Approach for Operations and Launch Vehicles.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The Ministry of Finance's recent notification amends the FEMA (Non-debt Instruments) Rules, particularly focusing on the space sector. These amendments introduce investment thresholds for different segments within the sector, such as 100% FDI under the automatic route for manufacturing satellite components and a mixed approach for more sensitive areas like satellite operations and launch vehicles.....