India Revises Foreign Direct Investment Regulations for Aerospace Industry:
India Revises Foreign Direct
Investment Regulations for Aerospace Industry:
In a high-profile move aimed at
attracting foreign investment in India's aerospace sector, the government has
announced new
foreign direct investment regulations (FDI). The reform process paved the
way for all foreign investments in satellite equipment production, with up to
74 percent investment in satellite production and marketing and 49 percent
investment in automobile manufacturing. Any investment above must be approved
by the government.
Changes in the Comprehensive
Circular on Foreign Direct Investment:
The changes were announced under
article 5.2.12 of the Comprehensive Circular on Foreign Direct Investment 2020.
The amended policy defines certain ceilings and access to different activities
in the commercial-aviation sector:
Satellite Production and
Operations:
Sector Volume: 100%
Up to 74%: Automatic Route
> Above 74%: Government Route
Satellite Equipment:
Sector Volume: 100%
Up to 74%: Automatic Route
Above 74%: Government
Project
Ground Segment and User
Segmentation:
Sector Volume: 100%
Up to 74%: Automatic
Routes
Above 74%: Government
Routes
Launch Vehicles and Related
Systems or Subsystems:
Industry size: 100%
Gold 49%: automatic method
Over 49%: government
method
Building a port to launch and
receive spacecraft:
Sector Volume: 100%
Up to 49%: Automation
Above 49%: Government
Projects
Components and Systems /
Subsystems Manufacturing for Satellite, Terrestrial and User Segments:
Industry Volume: 100%
Up to 100%: Automatic
method
The business must comply with the
following business guidelines: From time to time by the Ministry of Aeronautics
and Space
The new law also includes
satellite, satellite It also explains many things about the aviation industry,
such as data products, ground segment and user segment.
Background and reason:
At a time when foreign investment in the Indian aviation industry has been declining in recent years, recent changes have changed the rules governing foreign direct investment in the aviation industry. Few years ago. By facilitating foreign direct investment, the government is trying to attract foreign investment, encourage technological innovation and stimulate growth in India's aerospace sector.
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