NEW DELHI : The government is looking at further easing Foreign Direct Investment (FDI) norms in the space sector to attract overseas players, Rajesh Singh, Secretary Department for Promotion of Industry and Internal Trade (DPIIT) said on September 11.

“There is huge scope for Saudi Arabian companies to invest in India in different sectors such as aviation, pharma, bulk drugs, renewable energy, food processing and agrti-tech as well,” Singh said at the India-Saudi Arabia investment forum meet in New Delhi.

Further, he added that the collaboration can extend to technological boost such as in artificial intelligence, robotics, cyber security, automation and space, where we are looking to further liberalise our FDI norms.