FDI policy for space sector in final stages of being announced by government: ISpA

NEW DELHI: The eagerly awaited Foreign Direct Investment (FDI) policy, critical for the development of the space sector, is in the final stages of being announced by the government, said the Indian Space Association (ISpA) on Friday in its year-end statement.

“Policy wise, the eagerly awaited Foreign Direct Investment (FDI) Policy which would be critical for the development of space sector, is in the final stages of being announced by the government. We also expect the Space Activity Bill to be discussed in the Parliament,” said AK Bhatt, Director General of ISpA in a statement.