HomeIndian EconomyIndia Approves 100% Foreign Investment In Space Sector

India Approves 100% Foreign Investment In Space Sector

SOURCE: REUTERS

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The India government approved an amendment to allow 100% foreign direct investment (FDI) in the space sector in a moved aimed to ease business in the country, according to a government notification on Wednesday.

The FDI policy reform will promote growth of investment, income and employment, the government said in a statement.

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