India launched 328 satellites from 33 different countries till date: Centre
3 years, 10 months ago

India launched 328 satellites from 33 different countries till date: Centre

Hindustan Times  

Union Minister Jitendra Singh on Wednesday said that ₹900 crore was allocated to the Indian Space Research Organization for the financial year 2020-21 for developing capacity for the launching of satellites. The total number of satellites launched till date is 328 from 33 different countries and the revenue earned till date is 25 million US dollars and 189 million Euros In a written reply to a question in the Lok Sabha, he said that the Department of Space has been involved in launching satellites of foreign countries since long. The total number of satellites launched till date is 328 from 33 different countries and the revenue earned till date is 25 million US dollars and 189 million Euros. The Minister said that the Government of India has analyzed the issues and concerns about national security while allowing Private companies to participate in space activities and appropriate measures have been taken by means of establishing the Indian National Space Promotion and Authorisation Center, an independent nodal agency to authorize, monitor and regulate space activities in the country.

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History of this topic

Isro earned $427 mn from US, EU space missions in 10 years: MoS space
1 week, 2 days ago

Isro earned $427 mn from US, EU space missions in 10 years: MoS space

Live Mint  

New Delhi: The Indian Space Research Organisation has generated over $400 million in revenue from commercial satellite launches conducted over the past decade for the US and the European Union, Union minister of state for space Jitendra Singh said on Tuesday. This shows the kind of progress that India has made in the space economy, and its current stature as …

India wants to build a satellite constellation and 30 companies are interested
2 weeks, 1 day ago

India wants to build a satellite constellation and 30 companies are interested

India Today  

Thirty Indian companies have stepped forward to participate in a groundbreaking initiative to establish Earth observation satellite constellations, responding to a call from the Indian National Space Promotion and Authorisation Centre. Since opening the space sector to private players earlier this year, India has established a Rs 10 billion venture fund aimed at supporting space startups. The government’s focus on …

Moment SpaceX deployed India's 4,700-kg GSAT-20 satellite in space
1 month, 3 weeks ago

Moment SpaceX deployed India's 4,700-kg GSAT-20 satellite in space

India Today  

India's first-ever commercial collaboration with SpaceX successfully launched the 4,700-kg GSAT-20 satellite into space on Tuesday. Here is the moment when SpaceX's Falcon9 deployed India's GSAT-20 satellite in space. The satellite is designed with 32 user beams, including eight narrow spot beams and 24 wide spot beams, supported by hub stations located throughout India. This successful mission strengthens commercial ties …

Why Elon Musk's SpaceX and not Isro launched India's GSAT-N2 satellite
1 month, 3 weeks ago

Why Elon Musk's SpaceX and not Isro launched India's GSAT-N2 satellite

Firstpost  

The GSAT-N2, a high throughput Ka-band satellite, will deliver high-speed broadband internet connectivity and digital video and audio transmission across India. New Space India Ltd is paying Elon Musk’s SpaceX Rs 500 crore to send the rocket to space. Isro chairman S Somanath told The Times of India, “SpaceX’s Falcon-9 will launch Isro’s Gsat-20, also called GSAT N-2, on November …

New space law draft ready, to open for consultations by March
2 months ago

New space law draft ready, to open for consultations by March

Live Mint  

New Delhi: A fresh draft of India’s first dedicated space law is ready, said Pawan Goenka, chairman of nodal space regulator Indian National Space Promotions and Authorization Centre, a move that could make foreign investments easier in the nascent sector. The latest draft, prepared by the Department of Space, is expected to be thrown open for industry stakeholder consultations by …

India Sets Up $119 Million Fund for Space Startups: A Step Towards Boosting Space Ambitions
2 months, 2 weeks ago

India Sets Up $119 Million Fund for Space Startups: A Step Towards Boosting Space Ambitions

Firstpost  

India has approved a $119 million venture capital (VC) fund to support space start-ups in the country. The fund will provide capital to 40 start-ups over the next five years, with an average deployment amount ranging from Rs 10-60 crore. This fund is expected to have a significant impact on India's space ambitions, boosting the country's space economy and creating …

India's Data-Driven Strategy to Capture Market Beyond SpaceX
2 months, 3 weeks ago

India's Data-Driven Strategy to Capture Market Beyond SpaceX

The Hindu  

India is exploring a new strategy to capture a larger market share in the commercial space sector. The country plans to focus on providing cost-effective services and hardware to sectors such as communications, agriculture and commodities. This will involve providing data analytics and interpretation services, as well as building small satellites and launching them cheaply into orbit. While the Indian …

India's space tech sector grew 235% in 2 Years, secured $126 million in 2023
5 months, 1 week ago

India's space tech sector grew 235% in 2 Years, secured $126 million in 2023

India Today  

India’s space tech sector is set for significant growth, driven by substantial government investment and strategic initiatives. According to Tracxn’s Space Tech Geo Report 2024, India’s growing Space Tech sector witnessed record-breaking funding of $126 million in 2023, a 7% increase from the $118 million raised in 2022 and a 235% increase from $37.6 million in 2021. Despite a global …

Budget 2024: ₹1,000 crore venture capital fund for space economy
5 months, 2 weeks ago

Budget 2024: ₹1,000 crore venture capital fund for space economy

Hindustan Times  

Finance minister Nirmala Sitharaman unveiled a set of forward-looking initiatives as part of the budget proposals on Tuesday, operationalising a ₹1 lakh crore research fund that experts said will help work in next generation technologies and announce a new fund for innovation in the space sector. “With our continued emphasis on expanding the space economy by 5 times in the …

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’
5 months, 2 weeks ago

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday announced the creation of a ₹1,000 crore venture capital fund in the Budget 2024 aimed at expanding the space economy “fivefold over the next decade”. The new venture capital fund is expected to stimulate private sector involvement in space activities, supporting startups and established firms in advancing innovative space technologies. News agency PTI …

Budget 2024: Indian space industry excited about Rs 1,000 crore fund
5 months, 2 weeks ago

Budget 2024: Indian space industry excited about Rs 1,000 crore fund

India Today  

The Union Budget 2024 has been met with widespread approval from the space industry, following Finance Minister Nirmala Sitharaman's announcement to expand India's space economy fivefold over the next decade. Lt. Gen. AK Bhatt, Director General of the Indian Space Association, praised the government's commitment, stating, "The Union budget's vision to grow India's space economy by fivefold in the next …

Budget 2024: Nirmala Sitharaman announces Rs 1,000 crore fund to boost space economy
5 months, 2 weeks ago

Budget 2024: Nirmala Sitharaman announces Rs 1,000 crore fund to boost space economy

India Today  

Finance Minister Nirmala Sitharaman on Tuesday unveiled an ambitious plan to expand India's space economy fivefold over the next decade, marking a significant leap in the country's space aspirations. In a bold move to propel India's space sector forward, Sitharaman announced the establishment of a Rs 1000 crore venture capital fund dedicated to fostering growth and innovation in space technology. …

Budget 2024: Indian space industry has a tax demand from Nirmala Sitharaman
5 months, 2 weeks ago

Budget 2024: Indian space industry has a tax demand from Nirmala Sitharaman

India Today  

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2024, the private space sector in India has laid out a comprehensive wishlist aimed at fostering growth and innovation. ISpA Director General Lt Gen Anil K Bhatt called for the government to procure and adopt space technology solutions across various governance areas, including agriculture, disaster management, infrastructure planning, urban …

Chennai space startup Agnikul successfully launches country’s 2nd privately built rocket
7 months, 1 week ago

Chennai space startup Agnikul successfully launches country’s 2nd privately built rocket

Hindustan Times  

Space start-up Agnikul Cosmos successfully launched the world’s first rocket with a single-piece 3D-printed engine from their own launch pad, ‘Dhanush’, at the Satish Dhawan Space Centre in Sriharikota on Thursday. Chennai-based private space technology startup Agnikul Cosmos successfully test-launched the Agnibaan rocket powered by the world's first single-piece 3D printed semi-cryogenic engine from the Satish Dhawan Space Centre SHAR, …

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit
8 months, 3 weeks ago

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit

Firstpost  

Under these new guidelines, foreign investors can now invest up to 100 per cent of FDI into the sector, with 74 per cent being under the automatic route. This includes investments in satellite manufacturing and operations, the ground segment, user segment, as well as satellite data products India will now allow up to 100 per cent FDI investment in satellite …

ISRO’s role in India’s private space sector boom | Explained
9 months ago

ISRO’s role in India’s private space sector boom | Explained

The Hindu  

April 03, 2024 12:53 pm | Updated 02:56 pm IST The story so far: As the Indian Space Research Organisation forays further into space with missions to the sun and the moon, with space telescopes, landers, and astronauts, the nation’s space sector is also expanding beyond ISRO. While production of launch vehicles, satellites, spacecrafts, and boosters was mainly handled by …

India targets massive increase in share of global space economy
10 months ago

India targets massive increase in share of global space economy

Firstpost  

The government’s emphasis on growing India’s space footprint is indicative of its dedication to promoting innovation and entrepreneurship in the field. The Indian space economy is anticipated to grow significantly in the upcoming years due to the government’s ambitious ambitions and growing private engagement Pointing out the recent increase in private investment in the space industry, the minister credited it …

The next frontier: On India’s space sector
10 months, 2 weeks ago

The next frontier: On India’s space sector

The Hindu  

Space used to be the final frontier but its increasing exploration has changed that, replacing a romantic notion with narratives with financial, socio-economic, and geopolitical implications. India started on this path in 2020 with state-led reforms that opened its space sector to private companies, then releasing the ‘Geospatial Guidelines’ and later the ‘Indian Space Policy’, creating the Indian National Space …

India eases process for FDI in space sector, allows 100 per cent in making satellite components
10 months, 2 weeks ago

India eases process for FDI in space sector, allows 100 per cent in making satellite components

India TV News  

In a significant move aimed at bolstering its position in the global space market, India has announced the easing of approval processes for foreign direct investment in its space sector. Private sector participation India has taken significant steps to privatise space launches, aiming for a substantial increase in its share of the global launch market. With projections suggesting the space …

Centre announces 100% Foreign Direct Investment in Space sector, move expected to attract potential investors to Indian space companies
10 months, 2 weeks ago

Centre announces 100% Foreign Direct Investment in Space sector, move expected to attract potential investors to Indian space companies

Op India  

In a significant move, the Modi government has announced 100% Foreign Direct Investment in the space sector. The Union Cabinet approved the amendment in the FDI policy on the space sector dividing the satellites sub-sector into three different activities with defined limits for foreign investment in each such sector. The Centre stated that the proposed reforms will liberalize the FDI …

2024 Interim Budget | Space gets nominal hike, likely boost for spaceflight start-ups
11 months, 1 week ago

2024 Interim Budget | Space gets nominal hike, likely boost for spaceflight start-ups

The Hindu  

February 01, 2024 04:58 pm | Updated February 02, 2024 01:53 am IST - CHENNAI With no major space missions slated for 2024, the Department of Space has recieved only a nominal hike of 4% in its allocation in the Interim Union Budget for 2024-25, from ₹12,545 crore to ₹13,043 crore. The major launches slated for 2024 include an uncrewed …

India's Space Odyssey: A look at ISRO's journey from modest beginnings to lunar landings
11 months, 1 week ago

India's Space Odyssey: A look at ISRO's journey from modest beginnings to lunar landings

India TV News  

India's space program is a major source of pride for the country, contributing to its soft power diplomacy and establishing India as a trustworthy partner in the international space community. The Indian Space Research Organisation, the world's sixth-largest space agency, created history as India successfully landed the Chandrayaan-3 spacecraft near the lunar south pole, making it the fourth country to …

Indian space industry's meteoric rise in 2023 sets stage for stellar 2024
11 months, 4 weeks ago

Indian space industry's meteoric rise in 2023 sets stage for stellar 2024

India Today  

2023 was a marvelous year for the Indian Space Industry with the successful launch of Chandrayaan-3 and the Aditya-L1, India’s first solar mission. Indian space startups have become a strong pillar for the private space industry in the last decade, especially after the landmark decision to open the Indian space sector to private companies by Prime Minister Narendra Modi in …

For Isro, space ceases to be the limit
1 year ago

For Isro, space ceases to be the limit

Hindustan Times  

As 2024 began, India’s workhorse rocket, the PSLV, blasted off into space on a clear, blue day from Isro’s Satish Dhawan Space Centre at Sriharikota. The launch came on the back of what was easily the most notable year for India’s space agency, thanks to the success of the Chandrayaan-3 mission and the launch of the Aditya-L1 spacecraft. The arc …

India planning to launch 50 satellites for intelligence gathering in five years: ISRO chief
1 year ago

India planning to launch 50 satellites for intelligence gathering in five years: ISRO chief

The Hindu  

India is aiming to launch 50 satellites in the next five years for geo-intelligence gathering which will include the creation of a layer of satellites in different orbits with a capacity to track the movement of troops and image thousands of kilometres of area, Indian Space Research Organisation chairman S. Somanath said here on December 28. "We have already configured …

Govt wants private sector to invest in space; companies wait to see commitment from govt
1 year, 1 month ago

Govt wants private sector to invest in space; companies wait to see commitment from govt

The Hindu  

December 04, 2023 07:00 am | Updated 07:00 am IST - Bengaluru The global space economy is currently around $447 billion, according to estimates by McKinsey. However, despite the success of the Chandrayaan-3 mission and the introduction of aspace policy in April 2023, a host of factors seem to make investment in space sector a cautious prospect for private players. …

’Space policy has been a game changer in India’s private space-tech arena’
1 year, 2 months ago

’Space policy has been a game changer in India’s private space-tech arena’

Live Mint  

Space-tech company Skyroot Aerospace has raised $27.5 million in a pre-Series C funding round led by Singapore-based investment firm Temasek, confirming India’s status as a rising private space-tech power. Co-founder and CEO of the company, Pawan Kumar Chandana, widely regarded as a pioneer in India’s private space-tech arena, says the aspiration is to build a strong space-tech enterprise for the …

Target space station by 2035, Indian on moon by 2040: PM
1 year, 2 months ago

Target space station by 2035, Indian on moon by 2040: PM

Live Mint  

New Delhi: Prime Minister Narendra Modi on Tuesday directed the Indian Space Research Organisation to aim for setting up “Bharatiya Antriksha Station”, or an Indian space station, by 2035, and seek to land the first Indian on the moon by 2040. During the meeting, the department of space affirmed that the first unmanned demonstration launch under Gaganyaan, which will test …

India’s space economy has potential to reach $44 billion by 2033 with about 8% global share
1 year, 2 months ago

India’s space economy has potential to reach $44 billion by 2033 with about 8% global share

The Hindu  

Indian National Space Promotion and Authorization Centre unveiled the decadal vision and strategy for the Indian space economy, on October 10. As per IN-SPACe’s projection, India’s space economy has the potential to reach ₹35,200 crore by 2033 with about 8% of the global share. Dr. Pawan Goenka, chairman, IN-SPACe said, “As we unveil the decadal vision for Indian space economy, …

Karnataka sets defence exports target of ₹25,000 crore by 2025
1 year, 4 months ago

Karnataka sets defence exports target of ₹25,000 crore by 2025

The Hindu  

Karnataka has set an ambitious target to nearly double its defence exports to ₹25,000 crore by 2025, said Large and Medium Industries Minister M.B. Speaking at the 36th National Convention of Aerospace Engineers and National Seminar on “SPACE - Boundless Opportunities”, hosted by the Karnataka State Centre of the Institution of Engineers, he said the State was also aiming to …

India’s SpaceTech transformation is credited to privatisation
1 year, 4 months ago

India’s SpaceTech transformation is credited to privatisation

The Hindu  

Indian SpaceTech sector has received $62 million funding in 2023 so far, registering 60% increase, compared to the same period last year, according to data research firm Tracxn. The Indian private sector has taken the lead in launching satellites for practical applications, including satellite-based communication services like phone signals, broadband, OTT, and 5G, said Tracxn. Small Payload-based Launch Vehicles have …

India’s Tryst With The Moon and Prime Minister Modi’s Outstanding Space Odyssey - News18
1 year, 4 months ago

India’s Tryst With The Moon and Prime Minister Modi’s Outstanding Space Odyssey - News18

News 18  

“We are witness to the new flight of New India. In the last nine years, under Prime Minister Modi, India has witnessed a quantum jump in its space journey and now stands at par with countries like the US. India’s space sector is fast gaining a pre-eminent position in the world and the countries which started their space programmes long …

It's India’s Game: Space sector can grow to $40-100 billion by 2040, says top consultancy firm
1 year, 5 months ago

It's India’s Game: Space sector can grow to $40-100 billion by 2040, says top consultancy firm

Firstpost  

The Indian space industry is valued at $8 billion today but it can grow to $40-100 billion by 2040, if we play our cards right, a report by consultancy firm Arthur D. Little has revealed. For that, we need to establish India as a satellite manufacturing hub, and create programs under ISRO According to a recent report by consultancy firm …

India can have a $40-100 billion space industry by 2040: Arthur D. Little
1 year, 5 months ago

India can have a $40-100 billion space industry by 2040: Arthur D. Little

Live Mint  

New Delhi: India has the potential to develop a $40-$100 billion space industry by 2040 on the back of a rising space budget, increased number of launch services from the country, entry of private players and startups, and a boom in the country's satellite internet market, consultancy firm Arthur D. Little said in its latest report. Currently, India’s space industry …

India Unleashing Reforms In Space Domain
1 year, 6 months ago

India Unleashing Reforms In Space Domain

Live Law  

India’s formal entry into space industry was largely in 1962 when Indian National Committee for Space Research was established by Government of India under the aegis of Dr. Vikram Ambalal Sarabhai. In addition to the Draft Space FDI Policy, ISRO revealed the Indian Space Policy 2023 on April 20, 2023. With the advent of Indian Space Policy 2023 and the …

Import expenses 12 times of export earning in space-technology sector
1 year, 11 months ago

Import expenses 12 times of export earning in space-technology sector

The Hindu  

There’s a wide chasm between expenses on imports and earnings from exports in the space technology industry, suggests data made public as part of a response by Space Minister Jitendra Singh, in the Lok Sabha on February 8. In response to a question by DMK MP Kanimozhi Karunanidhi on the “.details of total imports and exports carried out in space …

Budget 2023 | Department of Space gets ₹12,500 crore, 8% less than previous year
1 year, 11 months ago

Budget 2023 | Department of Space gets ₹12,500 crore, 8% less than previous year

The Hindu  

The Department of Space expenditure has been slashed by 8% in the 2023-24 Union Budget, down to ₹12,543.91 crore, from ₹13,700 crore in the previous Budget estimate. This header encompasses the expenditure of ISRO’s various centres, including the Human Spaceflight Centre, as well as “developmental and operation projects” involving satellites and launch vehicles. Notably, the expenditure for space science, which …

After Bengaluru, Hyderabad, UP Next for Space Startup Ecosystem Growth: ISpA Chief - News18
1 year, 11 months ago

After Bengaluru, Hyderabad, UP Next for Space Startup Ecosystem Growth: ISpA Chief - News18

News 18  

At present all space startups are mostly from cities like Bengaluru, Hyderabad, and Chennai, but opportunities for ecosystem development are there in Uttar Pradesh also, Lt Gen AK Bhatt, director general of the Indian Space Association, told News18 in an exclusive conversation. PLI and financial support Lt Gen Bhatt highlighted the fact that India needs production-linked incentive schemes for the …

ISRO lines up science missions for 2023; satellite launch market set for rocket-themed game of thrones
2 years ago

ISRO lines up science missions for 2023; satellite launch market set for rocket-themed game of thrones

The Hindu  

Indian Space Research Organisation will turn its focus on science experiments in 2023 with dedicated missions to the Sun - Aditya - and the moon - Chandrayaan-3 - even as the nascent start-up sector is set to soar in the space applications segment. The upcoming year will also witness a series of experiments on India's maiden human space flight - …

Indian Space Research Organisation lines up science missions for 2023 | FULL DETAILS
2 years ago

Indian Space Research Organisation lines up science missions for 2023 | FULL DETAILS

India TV News  

ISRO 2023 missions : Indian Space Research Organisation will turn its focus on science experiments in 2023 with dedicated missions to the Sun - Aditya - and the moon - Chandrayaan-3 - even as the nascent start-up sector is set to soar in the space applications segment. The upcoming year will also witness a series of experiments on India's maiden …

ISRO earns ₹1,100 crore in five years from foreign launches
2 years ago

ISRO earns ₹1,100 crore in five years from foreign launches

The Hindu  

The Indian Space Research Organisation had earned approximately ₹1,100 crore in the last five years from the launch of foreign satellites, Minister for Space Jitendra Singh, told Rajya Sabha on Thursday in response to a query. In the last five years, January 2018 - November 2022 ISRO, via its commercial arms, successfully launched 177 foreign satellites from 19 countries — …

Space economy poised for expansion, indicates study
2 years, 1 month ago

Space economy poised for expansion, indicates study

The Hindu  

India’s space economy is in a state of transition and, driven by national policies, the sector is poised for expansion through enhanced private investment and improved integration with the global private space industry, a study on the space economy has noted. The research paper noted that the space economy ‘‘has evolved considerably’‘ and now accounts for an average of about …

India successfully launches Vikram-S, first privately made rocket
2 years, 1 month ago

India successfully launches Vikram-S, first privately made rocket

Al Jazeera  

The Indian government has been pushing to develop a private space industry to complement its state-run space programme. India has successfully launched its first privately developed rocket, a milestone in the country’s effort to create a commercial space industry and to compete on cost. “I am happy to announce the successful completion of Mission Prarambh, the beginning,” Pawan Goenka, who …

Private rocket Vikram-S puts India’s space economy in a new-age orbit
2 years, 1 month ago

Private rocket Vikram-S puts India’s space economy in a new-age orbit

Live Mint  

With the expected launch of Vikram-S, a rocket that will put three microsatellites into space at an altitude of 120 km, India’s state-run space programme will evolve into a proper space economy with private sector participation. Skyroot is far from the first private sector company to be part of India’s space programme, but it would be the first company to …

ISRO tests rocket engine of Indian space start-up
2 years, 2 months ago

ISRO tests rocket engine of Indian space start-up

Deccan Chronicle  

NELLORE: Vikram Sarabhai Space Centre, the lead centre of Indian Space Research Organisation for development of launch vehicles, has facilitated hot testing of a rocket engine developed by an Indian space start-up. The centre successfully conducted the 15-second hot test of Agnilet Engine for Agnikul Cosmos on November 4, 2022 at its Vertical Test Facility of Thumba Equatorial Rocket Launching …

New Era Beckons For Space Sector In India: Deep Space Startups Set To Boost Space Economy
2 years, 2 months ago

New Era Beckons For Space Sector In India: Deep Space Startups Set To Boost Space Economy

ABP News  

India is ushering in a new era in space, due to the efforts of the Indian Space Research Organisation, reforms in the commercial space sector, and the emergence of deep space tech startups. Role of space tech startups and private sector in the Indian space economy Dr Sudheer Kumar, Director, Capacity Building Programme Office, ISRO, said that startups can take …

India rocket puts 36 internet satellites into orbit
2 years, 2 months ago

India rocket puts 36 internet satellites into orbit

Al Jazeera  

The mission was part of a commercial arrangement between a government-run firm and UK-based OneWeb satellite firm. India’s space agency says its rocket has successfully put 36 internet satellites into orbit for UK-based satellite company OneWeb after months of delay due to the war in Ukraine. The mission – part of a commercial arrangement between New Space India Limited, a …

Indian space economy set to grow $13 bn by 2025
2 years, 2 months ago

Indian space economy set to grow $13 bn by 2025

The Hindu  

Indian space economy is set to reach $13 billion by 2025, according to a joint report prepared by EY and the Indian Space Association, an apex industry association of space and satellite companies in the country. The report also said the space launch segment would grow fastest at a CAGR of 13% spurred by growing private participation, latest technology adoption …

ISRO earns $279 million in foreign exchange through satellite launches
2 years, 5 months ago

ISRO earns $279 million in foreign exchange through satellite launches

The Hindu  

The Indian Space Research Organisation, through its commercial arms, has earned $279 million in foreign exchange by launching satellites for global clients, Union Minister Jitendra Singh told the Lok Sabha on July 27. In a written reply to a question, Mr. Singh said ISRO in association with its commercial arms has successfully launched 345 foreign satellites from 34 countries on-board …

Explained | Why is India’s space industry looking for private sector investment?
2 years, 5 months ago

Explained | Why is India’s space industry looking for private sector investment?

The Hindu  

The story so far: Principal Scientific Adviser Ajay Kumar Sood stated earlier this month that the government would soon come up with a new space policy that could initiate the rise of India’s own “SpaceX-like ventures”. In June 2020, the Union government announced reforms in the space sector enabling more private players to provide end-to-end services. Private sector’s involvement in …

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