New Delhi, Feb 21 (Reporter) The Government on Wednesday approved an amendment in the FDI policy on space sector allowing up to 100 percent FDI in some activities. The liberalised entry routes under the amended policy are aimed to attract potential investors to invest in Indian companies in space, an official statement said. The union Cabinet met here during the day and approved the amendment. Now, the satellites sub-sector has been divided into three different activities with defined limits for Foreign investment in each such sector. As per the existing FDI policy, FDI is permitted in establishment and operations of satellites through the government approval route only. The Cabinet today eased the FDI policy on space sector by prescribing liberalised FDI thresholds for various sub sectors/activities. In Satellites manufacturing and operation, satellite data products the government has allowed upto 74 percent FDI under automatic route. Beyond 74 percent these activities are under government route. In manufacturing of components and systems/sub systems for satellites ground segment and user segment the government has allowed 100 per cent FDI through automatic route. The FDI policy reforms will enhance ease of doing business in the country, leading to greater FDI inflows and thereby contributing to growth of investment, income and employment, the government said...////...