Global Trade Alert
Global Trade Alert

India: Venture capital fund approved to invest in companies in the space sector

Announcement

24 Oct 2024

On 24 October 2024, the Indian government approved the setting up of a INR 1'000 crore venture capital to invest in companies in the space sector.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Oct 2024

Revocation date:

23 Oct 2029

Updated: 24 Oct 2024
Capital injection and equity stakes (including bailouts) In force

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...

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