India Nuclear Energy | India Open To Atomic Business, May Allow Up To 49% FDI In Nuclear Energy
In today's episode of India Global, India is planning a major policy shift by opening up its nuclear energy sector for foreign players, something that had been off limits for a long time. Up to 49% foreign direct investment could be allowed in the nuclear energy landscape, though the liberalisation will be carried out in phases, starting with a 26% cap. This cap may be raised following a review. Additionally, the proposed framework will likely mandate majority ownership by the Indian partner in the venture.
