Firstpost • How the Private Sector Can Propel a New Wave of Space Revolution in India
Putting the FDI Reforms in the Space Sector into Perspective
The Indian Government liberalised the FDI policy for the space sector in February 2024. In this Opinion Piece for Firstpost, I explore this move in the broader context of the space ecosystem in the country.
From the article:
The new FDI policy presents an opportunity to draw investments to develop space assets and infrastructure. It can also decentralise investment decisions and positively impact start-ups and large corporations alike — directly in the upstream and indirectly in the downstream areas. Furthermore, it sends a positive signal to the world — that India is a favourable destination for space undertakings.
While the FDI reforms help create a better policy environment, the Indian industry must still compete globally to attract investments. To achieve this, the government must help build capabilities through technology transfers. It must also create demand to which the private space sector can respond.
Read the full article: www.firstpost.com/opinion/how-private-sector-can-propel-a-new-wave-of-space-revolution-in-india-13746934.html