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Description
On 24 October 2024, the Indian Union Cabinet of Ministers approved the setting up of an INR 1'000 crore (USD 118.96 million) venture capital fund to invest in the space sector. The fund will invest be...
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Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
24 Oct 2024
Revocation date
23 Oct 2029
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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