Recent developments in the space sector have opened numerous opportunities for mergers and acquisitions, with foreign entities like SpaceX and Blue Origin showing interest in emerging Indian boutique firms.

RBI’s reclassification framework is a policy statement that India is evolving toward a more balanced approach to foreign investment.

The approval routes and control issues could undermine the intended benefits, necessitating further regulatory clarification.

India’s NDCs would remain a pipe-dream unless there is an exponential influx of sustainable financing through FDI in the years to come.

Per the author, the ongoing existence of Press Note-3 may be perceived as an extraneous regulatory component.

[Dibya Prakash Behera is the Manager and Editor at IRCCL.] With the Indian economy facing a severe slowdown with GDP plummeting down to...