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Department of Telecommunications allows 100% FDI in VSAT services

The Department of Telecommunications (DoT) has amended the License Agreement for providing Very Small Aperture Terminal (VSAT) services through Indian National Satellite System vide circular dated November 5, 2021.

As per the amendment, 100% FDI is allowed in VSAT services under automatic route. It is further provided that FDI from entities from a country that shares land border with India shall be through government route.

 


*Tanvi Singh, Editorial Assistant has reported this brief.

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