Inara Advisors’ Post

🚀 Unlocking India’s Space Potential: 100% FDI in Space Sector 🌌 India’s space sector just got a cosmic boost! 🛰️ The Cabinet’s approval of foreign direct investment (FDI) aims to propel our nation toward self-reliance (Atmanirbhar Bharat). Here’s the stellar breakdown: 🌟 Key Highlights: ➡ 100% FDI Allowed: The skies are wide open! Companies can now invest fully in the space sector. ➡Automatic Route: 1️⃣ Up to 74% under Automatic route: Satellites-Manufacturing & Operation, Satellite Data Products and Ground Segment & User Segment. 2️⃣ Up to 49% under Automatic route: Launch Vehicles and associated systems or subsystems, Creation of Spaceports for launching and receiving Spacecraft. 3️⃣ Up to 100% under Automatic route: Manufacturing of components and systems/ sub-systems for satellites, ground segment and user segment. ➡Government Route: 1️⃣ Beyond 74% in Manufacturing & Operation, Satellite Data Products and Ground Segment & User Segment. 2️⃣ Beyond 49% in Launch Vehicles and associated systems or subsystems, Creation of Spaceports for launching and receiving Spacecraft. Now companies can go all-in (up to 100%) under automatic route for satellite components and systems. 🤑 #spaceexploration #atmanirbharbharat #spacetech #linkedinpost #csstudents #csprofessional

🚀 Exciting News for the Indian Space Sector! 🌌 The Indian government has allowed 100% Foreign Direct Investment (#FDI) in space. This means foreign space companies can now directly invest in Indian companies operating in the space sector. The amended policy extends the facility of up to 74% FDI under the automatic route for satellite manufacturing and operation, satellite data products, and ground/user segments. Beyond 74%, these activities fall under the government route. How can 100% FDI change the Indian space industry in the future? Let's explore this step by step. 🛰 Modern Technology Absorption: With companies like SpaceX, BLUE ORIGIN, Virgin Galactic, and Rocket Lab leading the charge in developing cutting-edge space technologies, welcoming FDI from such innovators will undoubtedly catalyze the growth of Indian space industries. This infusion of hi-tech expertise will enable Indian space enterprises to adopt best practices, fostering the development of indigenous space technology. 🪐 Self-Reliance #AtmanirbharSpace: The newfound ability to attract investment, even in the manufacturing of minor rocket components, is a game-changer for India's space ambitions. Addressing the current gap in the homegrown electronics ecosystem will empower ISRO - Indian Space Research Organization to realize its ambitious objectives more effectively. 👩🚀 Generating Employment: Just as FDI in the defense sector has spurred collaboration between Indian and foreign entities, establishing various defense manufacturing and R&D centers in India, a similar trend is anticipated in the space sector. Collaborations with foreign counterparts promise to infuse investment into the space industry, paving the way for job creation and economic growth. This announcement marks a pivotal moment in India's journey towards space exploration and innovation. Image Credit: AI-Generated using Canva #SpaceIndustry #FDI #Innovation #AtmanirbharBharat #SpaceExploration #Spacesector #IndianSpace #CabinetDecisions #ISRO

#India's space sector is blasting off! ️ Get ready for a major boom with 30 missions planned between 2023-24 (Q4) and 2024-25! Half of these missions are **commercial **, led by private companies and boosting the entire ecosystem. NSIL is paving the way with 7 launches, including 2 PSLVs built by industry consortiums. The rest are user-funded missions focused on science and tech advancements. But that's not all! IN-SPACe is supporting launches by #Agnikul Cosmos & #Skyroot Aerospace, and other exciting NGEs like #Digantara, #Dhruvaspace and even academic institutions like #IIT-Madras! They're all set to launch their own #satellites! ️️ And IN-SPACe is open for even more! They're welcoming additional NGE launch requests - come be part of the revolution! 🇮🇳 This is a huge moment for India's space ambitions, and it's just the beginning! ✨ #isro #isroindia #space #SpaceTech #IndianSpace #PrivateSpace #NewSpace #Innovation #Science #Technology #Education #Opportunity #LetsGo ️

#opinion | For some years, there has been a systematic effort towards evolving India’s private space sector. At present, apart from the Indian Space Research Organisation (#ISRO), there are two more agencies, that are known to be responsible for carrying forward the business agenda of the Department of Space (DoS) and they are #NewSpace India Limited (#NSIL) and the Indian National Space Promotion and Authorisation Centre (IN-SPACe). In addition, Hindustan Aeronautics Limited (#HAL) and several industrial stakeholders including startups could be viewed as a part of India’s space setup. In 2023, the Indian #SpacePolicy was announced, which educates the roles of all these three organizations. It could be viewed as India’s ‘statement’ towards expanding its space sector and enhancing capabilities through increased private involvement. ISRO - Indian Space Research Organization | NewSpace India Limited (NSIL) | Hindustan Aeronautics Limited #ISRO #FDI #Space #spacesector #InSpace https://lnkd.in/getmQpAE

🚀 India's space odyssey is at a transformative juncture, reflecting decades of growth and recent strides in the private sector. 🛰️ From #INCOSPAR in 1962 to #ISRO's Mars triumph in 2013 and the 2023 #Chandrayaan-3 launch, the journey has been steady. Notably, private players have fueled a surge in startups, growing from one in 2014 to over 190 in 2023, attracting over $200 million in investments. 🛰️ Excitingly, startups like Dhruva Space and Bellatrix Aerospace are set to launch payloads via ISRO's Polar Satellite Launch Vehicle in 2024. The government's Indian Space Policy 2023 provides a strategic framework, acknowledging the sector's vital role. ISRO's global collaborations, technology transfers, and supportive initiatives for academia highlight its pivotal role. As India's space ecosystem matures, fostering collaborations, addressing satellite imagery insights gaps, and boosting private player participation will be key for sustained growth, writes George Skaria: https://bit.ly/3NJBv90 #SpaceExploration #IndiaInSpace #Isro #SpaceEconomy #PolicyMatters

🇮🇳India's space program has made remarkable strides in recent years, emerging as a key player in global space exploration. The goal is to advance this effort through continuous learning and broadening outreach.🇮🇳 ISRO, IN-SPACe, and NSIL are key to India's space ambitions. ISRO leads in pioneering space missions, enhancing India's global standing. 🇮🇳IN-SPACe promotes private sector involvement, driving innovation and collaboration in space activities. NSIL focuses on commercializing space products and services, expanding India's presence in the global market. Together, they strengthen India's space exploration and economic growth.🇮🇳 Confederation of Indian Industry CII Digital IN-SPACe ISRO - Indian Space Research Organization NewSpace India Limited (NSIL) Department of Telecommunications ( DOT ) Department Of Space Ministry of Electronics and Information Technology Government of India Official Shuktij Singh Rao CII International

Some individuals asked, how will India compete in the spacetech industry in years to come? Well, the question is correct when it ends with "Compete" and is incorrect when it begins with "Spacetech Industry". Why? The world has outlived the "Cold War" era, an era of COMPETITION where only a duopoly existed between the Far West and the Far East. The era was to witness who outdoes who, while the world could only sit back and watch. Today, the narration and the situation of the world have evolved! On the ground, there can be differences, but in space, the world is time and again united. A Nation's success is a success for the world. In the years to come, India won't compete with anyone but will collaborate with everyone. Agencies with Agencies Companies with Companies Academic Institutions with Academic Institutions There will be a thriving matrix of stakeholders with infinite crossover collaborations. In the end, an application derived from spacetech capabilities doesn't seek questions of who and how it was made. The only thing it seeks is the answer and the capability to solve a range of queries posed by a consumer. #innovation #collaboration #success #spaceindustry #indianspacetech #spaceexploration #spaceeconomy #spacex #india #bharat #indianbusiness #isro #isroindia #adityaL1 #competition

Sky is the Limit !! But for India Space is the limit Space Is The Limit! India Allows 100% FDI To Attract Foreign Investors In Satellite Manufacturing To Boost Space Sector #india #100�i #satellitemanufacturing #space