fdi

India's Space Sector Opens for Foreign Direct Investment

India has opened its space sector to 100% FDI, creating opportunities in satellite manufacturing, launch services, and space tech.

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Accountify Editorial Desk

Finance Expert

22 February 2023
1 min read
3311 views

India's Space Sector: A New FDI Frontier

India liberalized FDI in the space sector in 2024, allowing up to 100% foreign investment under the automatic route for most activities.

FDI Limits by Activity

  • Satellite manufacturing: 100% under automatic route
  • Launch vehicles: Up to 49% automatic, beyond with government approval
  • Ground segment: 100% automatic

Market Opportunity

India's space economy is projected to reach $44 billion by 2033. ISRO's cost-effective approach (Mars mission at $74M vs NASA's $671M) attracts global attention.

Key Players

IN-SPACe provides the regulatory framework. Over 200 space startups are active. Companies like Skyroot, Agnikul, and Pixxel are attracting significant foreign investment.

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Tags:

#space FDI India
#ISRO private sector
#space industry India investment
#IN-SPACe

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