India

India

Allowed up to 100 per cent FDI in the space sector

21 Feb 2024

On 21 February 2024, the Union Cabinet of India allowed up to 100 per cent FDI through the automatic route in its space sector to lower entry barriers for foreign players, fostering a more inclusive environment for international investments, technology transfers, and collaborative research in space technology. Previously, FDI in satellite establishments and operations was permitted only with Government approval. The policy has been reformed as per the terms of the Indian Space Policy 2023, which promotes a liberalised threshold across different facets of the space sector, including: 1) Manufacturing of Components and Systems: 100 per cent FDI is allowed via the automatic route for manufacturing components, systems, or sub-systems related to satellites, ground segments, and user segments. 2) Satellite Manufacturing and Operation: FDI up to 74 per cent is permitted under the automatic route, but anything exceeding this limit requires government approval. 3) Launch Vehicles and Spaceports: Up to 49 per cent FDI is allowed under the automatic route while requiring government approval beyond this threshold.

  • UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the Investment Policy Monitors and the UNCTAD-OECD Reports on G20 Measures.

    In 2024, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2012 accordingly.

    The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.

    Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for sustainable development.

  • The UNCTAD's Investment Policy Monitor database include official measures affecting FDI adopted by United Nations Member States. These encompass measures explicitly targeting FDI (FDI-specific), as well as general investment measures with a clear impact on foreign investment (FDI-related). The measures are either reported directly to UNCTAD by Member States through annual surveys or identified by UNCTAD researchers through publicly accessible sources (such as government websites and specialized policy databases). The classification of measures as more or less favourable is based solely on their potential impact on investors.

    Note: Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.

    Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.

Latest publications

collapse
02 Dec 2024

Investment Dispute Settlement Navigator: full ISDS data release as of 31/12/2023 (in excel format)

Read more
26 Nov 2024

Facts and Figures on Investor–State Dispute Settlement Cases

Read more
13 Nov 2024

UNCTAD-OECD Report on G20 Investment Measures (31st Report)

Read more