India Loosens Space Sector FDI Restrictions

India aims to  attract more foreign investment to its fast-growing space industry with eased FDI controls.

The Indian government on Feb. 21 eased its space sector’s foreign direct investment (FDI) restrictions, a move aimed at strengthening the subcontinent’s position in an ascendant strategic industry. India’s space startups received $124 million in funding last year, while the broader space economy is...

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