Space sector related opportunity we should not miss for short or long term game
Hello friends as a individual investor we should never miss investing opportunities that will turn profitable in short term Government inactive to improve Space sector take a quick note on this on below points India approves 100% foreign direct investment in Space inactive This is a step to make India’s Space Policy 2023 a reality. The global space economy is currently valued at around $447 billion according to estimates by McKinsey. India’s share is about $8 billion which is a measly 2% of the global space economy. I had a chance to meet the ISRO Chairman last month, and he is quite ambitious about private sector participation in the Space sector. ISRO has set a target to increase India’s share of the global space economy to 8% by 2033 and 15% by 2047. India earlier allowed 100% foreign investment for the establishment and operations of satellites but only with government approval. The amended policy allows under automatic route - 🚀 100% FDI for Manufacturing ...