ISRO chief Somanath says India must create ‘leading’ space firms, not just service companies
4 months, 3 weeks ago

ISRO chief Somanath says India must create ‘leading’ space firms, not just service companies

The Hindu  

To be a major space power, India needs to create “leading space companies and not merely service companies,” S. Somanath, the chairman of the Indian Space Research Organisation said on Tuesday. Speaking at the India Space Conclave, organised by the industry lobby Indian Space Association, he said that while India had built a space programme over the decades relying on infrastructure built on “moderate” budgets, it was important to scale up and create new capabilities. There are about 450 companies in India that build parts and components to build and launch satellites, but realising ISRO’s “vision” requires “new players, inspired young talent, and a thriving startup ecosystem,” he added. However, a major challenge to the development of the Indian space sector is insufficient “demand”, meaning that there are not many private companies willing to invest in technology development by India’s space sector.

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History of this topic

Small satellite vehicle to take 2 years to be ready for commercial launches
1 week, 6 days ago

Small satellite vehicle to take 2 years to be ready for commercial launches

Live Mint  

New Delhi: The first small rockets ferrying satellites on Indian Space Research Organisation design and technology will take at least two more years to reach the launch pad, even as work to find the ideal candidate for the job reaches its final stage. Twenty-three companies had applied to build Isro's Small Satellite Launch Vehicle, after the organization in 2023 decided …

India needs a systemic transformation to secure its digital future
1 month ago

India needs a systemic transformation to secure its digital future

Live Mint  

Is this the most opportune time to be in tech or the most uncertain? To ensure India’s leadership in the global tech landscape, we must strengthen our expertise in high-tech skills such as AI, automation, data analytics and beyond. Strengthening India’s tech ecosystem for global leadership: In today’s world, global influence is no longer defined solely by economic power—it hinges …

NISAR space plan with US example of India’s cost-effectiveness: Ex-ISRO chief Somanath
1 month, 1 week ago

NISAR space plan with US example of India’s cost-effectiveness: Ex-ISRO chief Somanath

Live Mint  

Ahmedabad, Feb 20 Former ISRO chairman S Somanath has highlighted the cost-effectiveness of India's space programmes and noted that for the same satellite and share of work, the country will incur five-time less expenditure compared to the US for an upcoming mission. Somanath on Wednesday stressed on greater private sector role to push India's contribution in the global space economy …

Union Budget 2025 an opportunity to plug structural gaps in space sector
1 month, 3 weeks ago

Union Budget 2025 an opportunity to plug structural gaps in space sector

Firstpost  

India’s space sector is at a pivotal juncture with the potential to increase its global market share from the current 2-3 per cent to 10 per cent by 2033 As the Union Budget 2025 approaches, the space sector stands at the cusp of transformative growth, with its potential to drive innovation, bolster economic output, and assert India’s position as a …

DC Edit | For Isro, sky is not the limit
2 months, 1 week ago

DC Edit | For Isro, sky is not the limit

Deccan Chronicle  

Isro has described the SpaDeX project in which the docking of two satellites was performed as a cost-effective demonstrator to showcase in-space docking using small spacecraft. The success of the experiment holds the key to exploration future goals that includes manned flights to space as well as building space stations. For India, this incremental step to wider space exploration means …

India becomes only fourth country ever to achieve key space landmark
2 months, 1 week ago

India becomes only fourth country ever to achieve key space landmark

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India has become only the fourth nation in the world to successfully conduct …

Union Budget 2025: Why tax breaks are crucial for India's space aspirations
2 months, 1 week ago

Union Budget 2025: Why tax breaks are crucial for India's space aspirations

Firstpost  

Fiscal incentives and GST reforms in the upcoming budget may pave the way for India’s space industry to attain newer heights India’s space sector is undergoing a remarkable transformation, propelled by progressive government policies and the burgeoning involvement of private enterprises. As the country approaches Budget 2025-26, one critical area the Government should focus on is in establishing a robust …

India achieves Space Docking success, becomes fourth Nation in global league: ISRO
2 months, 1 week ago

India achieves Space Docking success, becomes fourth Nation in global league: ISRO

India TV News  

India becomes the fourth country to join the selected League of Nations for Space Docking with the 'Bharatiya Docking System' India has made a a big leap in space technology, and has been added to the list of becoming the fourth country in the world to achieve space docking with its indigenously developed ‘Bharatiya Docking System’. Union Minister of State …

India will need to increase number of operational satellites in next few years: ISRO chairperson-designate V. Narayanan
2 months, 2 weeks ago

India will need to increase number of operational satellites in next few years: ISRO chairperson-designate V. Narayanan

The Hindu  

India may need to significantly increase the number of operational satellites over the next three to four years, according to V. Narayanan, director of Liquid Propulsion Systems Centre and chairperson-designate of the Indian Space Research Organisation. Dr. Narayanan, who is set to take over as the ISRO chairperson on January 14, said he envisioned a scenario where the number of …

India emerges as a global leader across key sectors in 2024
2 months, 3 weeks ago

India emerges as a global leader across key sectors in 2024

Live Mint  

New Delhi, December 31 : The year 2024 marked a pivotal year for India, showcasing its dominance in pharmaceuticals, biotechnology, defence, nuclear energy, space, infrastructure, and emerging technologies like quantum computing, AI, and blockchain. India's pharmaceutical exports soared from over USD 15 billion to USD 28 billion in the decade ending FY24, powered by initiatives like the Production Linked Incentive …

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

India's space missions represent a broader vision for 2047: Isro chief
3 months, 2 weeks ago

India's space missions represent a broader vision for 2047: Isro chief

India Today  

The Indian Space Research Organisation chairman S Somnath was felicitated at the 90th Annual General Meeting of the Indian National Science Academy hosted at SRM Institute of Science and Technology. The Indian space agency chief delivered a presentation on “Space Exploration in Amrit Kaal,” highlighting India’s ambitious strides in space exploration. “Chandrayaan-3 provided crucial data about the moon’s elemental composition, …

These are India's fastest-growing space tech firms. Is it too late to get on board?
3 months, 2 weeks ago

These are India's fastest-growing space tech firms. Is it too late to get on board?

Live Mint  

Dr. Vikram Ambalal Sarabhai, father of India’s space programme, once said, “We do not have the fantasy of competing with the economically advanced nations in the exploration of the moon or the planets or manned space flight. India’s space tech industry is practically brand new – the sector was opened to private companies just two or three years ago. Avantel …

Deepening India’s steps as a key space-faring nation
3 months, 2 weeks ago

Deepening India’s steps as a key space-faring nation

The Hindu  

India has set ambitious goals for its space programme in the next two decades. These goals hinge on powerful, reusable rockets such as the Indian Space Research Organisation ’s upcoming Next Generation Launch Vehicle. In addition to the NGLV, India must tap into its private sector to develop more such rockets in order to secure strategic autonomy in its access …

Isro reveals how many Indian astronauts will live on Bharatiya Antariksh Station
3 months, 3 weeks ago

Isro reveals how many Indian astronauts will live on Bharatiya Antariksh Station

India Today  

The Indian Space Research Organisation has announced plans for the Bharatiya Antariksha Station, a significant step forward in India's space exploration capabilities. During the seminar, Isro highlighted the importance of creating sustainable habitats in space, which will enable long-duration missions and enhance research capabilities. The initiative aligns with global trends in space exploration, where nations and private companies are increasingly …

IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD
4 months ago

IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD

Live Mint  

New Delhi, Nov 24 State-owned IIFCL has requested the government to bring the space sector under the harmonized list of infrastructure for easier financing of satellite vehicle manufacturing activity in the country. Currently, India Infrastructure Finance Company Limited is providing advisory services to the Indian Space Research Organisation through its subsidiary IIFCL Projects Limited. At the same time, he said, …

SpaceX to launch India’s GSAT-20 satellite in major deal with ISRO
4 months, 1 week ago

SpaceX to launch India’s GSAT-20 satellite in major deal with ISRO

Hindustan Times  

The launch will take place early next week using SpaceX’s Falcon 9 rocket Elon Musk-owned rocket making company SpaceX has reportedly secured a major deal with India’s space agency, Indian Space Research Organisation, to launch the GSAT-20 communications satellite. Why ISRO chose SpaceX Previously, ISRO relied on French commercial launch service provider Arianespace for such heavy satellite launches, however, the …

Passion, not pay, fuels India's space aspirations, says ISRO Chief
4 months, 2 weeks ago

Passion, not pay, fuels India's space aspirations, says ISRO Chief

India Today  

In the fast-evolving world of space technology, ISRO has captivated both India and the global community with groundbreaking missions like Chandrayaan-3 and Gaganyaan. But this is a space that is driven by passion.” For ISRO Chief, contributing to India’s strides in space technology is the real currency for those who choose this path. “This way, students with space-related aspirations can …

New space law draft ready, to open for consultations by March
4 months, 3 weeks 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 …

ISRO and Dept of Biotechnology Sign MoU for Space Biotechnology Research
5 months ago

ISRO and Dept of Biotechnology Sign MoU for Space Biotechnology Research

Hindustan Times  

Indian space agency ISRO and the Department of Biotechnology have signed a memorandum of understanding (MoU) for cooperation in space biotechnology research. The MoU focuses on microgravity research, space bio-manufacturing, bioastronautics and space biology. The aim is to address challenges in space missions, including the availability of nutrients, preservation of food, microgravity and radiation, health hazards such as cancers, cataracts, …

Space Industry Gets a Big Boost with Rs 1,000 Crore Venture Fund
Trending News
5 months ago

Space Industry Gets a Big Boost with Rs 1,000 Crore Venture Fund

India Today  

Indian space industry welcomes the Union Cabinet's approval of a Rs 1,000 crore venture capital fund for the space sector. This move is seen as a significant boost to the growing space startup ecosystem in India. The fund aims to support 30-40 startups initially, focusing on taking innovative concepts from ideation to commercialisation. It is expected to have a multiplier …

India's Data-Driven Strategy to Capture Market Beyond SpaceX
5 months, 1 week 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 …

Space science and technology opportunities for students
6 months, 2 weeks ago

Space science and technology opportunities for students

Hindustan Times  

Space science and technology in India have steadily progressed since the establishment of the Indian Space Research Organisation on August 15, 1969. Universe ) Recently, big missions like Chandrayaan-3, Mangalyaan, and Aditya-L1 have made headlines worldwide, brought recognition to India’s space programme, and fuelled national pride. In 2020, after the government of India opened its doors to private sectors and …

US and India to explore further advancements in defence innovation: US Consul General
6 months, 2 weeks ago

US and India to explore further advancements in defence innovation: US Consul General

New Indian Express  

BENGALURU: BENGALURU: To advance cooperation in space, the US and India are preparing to launch the NISAR satellite, a collaborative project between National Aeronautics and Space Administration and Indian Space Research Organisation. Speaking with TNIE, US Consul General in Chennai, Chris Hodges, mentioned that in the defence sector, an innovation summit that commenced on September 9 in the Silicon Valley …

Bengaluru Space Expo - 2024 to be held from September 18 to 20
6 months, 2 weeks ago

Bengaluru Space Expo - 2024 to be held from September 18 to 20

The Hindu  

The eighth edition of the Bengaluru Space Expo 2024 and International Conference and Exhibition is scheduled from September 18 to 20 at BIEC here. The event will also highlight the initiatives undertaken by the Indian government to encourage and engage Indian industries in the space sector, as well as foster collaboration with international space agencies. “India’s space sector has witnessed …

Need for cybersecurity tools evident as India’s space capabilities grow: ISRO chairman
6 months, 3 weeks ago

Need for cybersecurity tools evident as India’s space capabilities grow: ISRO chairman

Hindustan Times  

Indian Space Research Organisation chairman S Somanath on Thursday emphasised the critical need for advanced cybersecurity tools as India’s space capabilities grow, while also reflecting on ISRO’s evolution in technological innovation. “Though we are happy with what is happening, the situation is not okay,” he said, stressing the need for continuous vigilance, “Real threats are of very high magnitude.” Somanath …

National Space Day: How private sector propelled Chandrayaan-3 to the Moon
7 months ago

National Space Day: How private sector propelled Chandrayaan-3 to the Moon

India Today  

As India celebrates its first National Space Day on August 23, 2024, we find ourselves at a pivotal moment in our nation's scientific journey. However, as we celebrate these achievements, it's crucial to understand that Chandrayaan-3's success is also a celebration of space enterprise and the growing role of the private sector in India's space journey. This collaborative effort, spanning …

India's space tech sector grew 235% in 2 Years, secured $126 million in 2023
7 months, 3 weeks 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: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’
8 months 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: 18% hike for Department of Space, lion’s share for development of space tech
8 months ago

Budget 2024: 18% hike for Department of Space, lion’s share for development of space tech

The Hindu  

The Department of Space received an 18% hike over its expenses in 2023-2024 in the 2024-2025 Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday. Mixed reactions Importantly, Ms. Sitharaman also announced a pool of ₹1,000 crore, or around $120 million, as venture capital funding for space start-ups, with the goal of “expanding the space economy by five times …

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

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS
8 months, 1 week ago

Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

India TV News  

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget next week, the private space sector has outlined several key expectations. "More money for space-related acquisitions, tax holidays, import holidays, and PLI scheme for space," Pixxel Space co-founder and CEO Awais Ahmed told the media when asked about his wishlist for the budget. "ISpA calls for a commitment from …

India's Space Station Design Ready, Ganganyaan & Chandrayaan 4 on Track, ISRO Chief Tells News18
8 months, 3 weeks ago

India's Space Station Design Ready, Ganganyaan & Chandrayaan 4 on Track, ISRO Chief Tells News18

News 18  

The Indian Space Research Organisation is going through one of its most exciting times with several ambitious projects being pursued by the agency. Even as Aditya-L1 completed its first halo orbit, ISRO has finished preliminary design works for module 1 of India’s space station. Speaking exclusively to News18, ISRO chief Dr S Somanath said that the Bharatiya Antariksha Station module …

With Agnikul Cosmos Getting Its Mission ‘SOrTeD’, How Space Startups Are Scripting Success Stories
9 months, 3 weeks ago

With Agnikul Cosmos Getting Its Mission ‘SOrTeD’, How Space Startups Are Scripting Success Stories

News 18  

The Indian space industry that was restricted to public sector is now witnessing a sea of change, with many private players and startups at the forefront of some successful missions. IN-SPACe, India’s private space regulator, chairman Pawan Goenka, who witnessed the launch, said, “The successful launch of SOrTeD marks a significant moment for private players who are contributing to India’s …

NASA will soon provide advanced training to Indian astronauts: Garcetti
10 months ago

NASA will soon provide advanced training to Indian astronauts: Garcetti

ABP News  

Washington, May 24 : NASA will soon provide advanced training to Indian astronauts, with the goal of mounting a joint effort to the International Space Station, a top American diplomat said Friday.ꪪ US Ambassador to India Eric Garcetti made these remarks while speaking at the "US-India Commercial Space Conference: Unlocking Opportunities for US & Indian Space Startups," hosted by the …

ISRO Chairman seeks more investment from industry in space sector
10 months ago

ISRO Chairman seeks more investment from industry in space sector

The Hindu  

Indian Space Research Organisation Chairman S. Somanath, on Friday, called upon the industry to invest more in the space sector. Delivering the keynote address at the US-India Space Cooperation Conference said, “Our big industry houses need to put in more effort in the space sector. But in space, there has not been a great stride by any big industry till …

Indian space industry offers tremendous opportunity for private players, says ISRO Chief
10 months, 2 weeks ago

Indian space industry offers tremendous opportunity for private players, says ISRO Chief

Hindustan Times  

Kochi, ISRO Chairman S Somanath has said the Indian space industry is offering a tremendous opportunity to the private sector in the country as a new area of growth and development. Somanath was speaking after unveiling the carbon reduction initiative of SFO Technologies, the flagship company of the NeST Group, in a function here on Saturday, a company release said. …

Elon Musk to place a bet on Indian space sector? SpaceX CEO to meet aerospace startups next week
11 months, 1 week ago

Elon Musk to place a bet on Indian space sector? SpaceX CEO to meet aerospace startups next week

Firstpost  

Elon Musk may be looking to invest in India’s space sector and Indian aerospace startups. During his visit to India, he will be meeting some of India’s top most aerospace startups such as Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Dhruva Space Elon Musk, during his visit to India will be meeting potential investors and manufacturing partners for both, Tesla …

India aims to achieve debris-free space missions by 2030: ISRO chief Somanath
11 months, 1 week ago

India aims to achieve debris-free space missions by 2030: ISRO chief Somanath

Hindustan Times  

ISRO Chairman S Somanath on Tuesday announced that India aims to achieve debris-free space missions by 2030. I would like to make this initiative a declaration today, possibly this can be discussed and debated in the coming days," Somanath, also Secretary in the Department of Space, said. "This initiative aims to achieve debris-free space missions by all Indian space actors, …

India’s space programme for civilian applications unique in the world, says former ISRO chairman
11 months, 1 week ago

India’s space programme for civilian applications unique in the world, says former ISRO chairman

The Hindu  

The 95th graduation day of Mysore Medical College and Reseach Institute was held on Sunday and all 151 students received their certificates on completion of their course. Former ISRO chairman A.S. Kiran Kumar delivered the graduation day address and spoke on how technology was making rapid strides with quantum computing and technology set to transform the digital field. He pointed …

ISRO’s role in India’s private space sector boom | Explained
11 months, 3 weeks 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 …

Career opportunities for students after space education
1 year ago

Career opportunities for students after space education

India Today  

In recent years, India has strengthened its position as a significant player in the global space industry, ranking fourth worldwide after the USA, Russia and Europe. Ambitious projects like Chandrayaan 3 and Aditya L1 have garnered widespread interest, highlighting India's leading position in space research and technology.By 2040, our honorable Prime Minister Narendra Modi and ISRO aims to realize its …

India targets massive increase in share of global space economy
1 year 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 …

Vice President Urges National Unity and Technological Advancement at IIT Dharwad Address
1 year ago

Vice President Urges National Unity and Technological Advancement at IIT Dharwad Address

Deccan Chronicle  

He inaugurated the Central Learning Theatre, Knowledge Resource and Data Centre and two new entrance gates, at the permanent campus and delivered a keynote address to the students, faculty and staff of the institute. When Doctor BR Ambedkar made his last speech in the constituent assembly that is November 25, 1949, he said, "what perturbs me greatly is the fact …

Burden of power: On India’s astronauts and the Indian space policy
1 year ago

Burden of power: On India’s astronauts and the Indian space policy

The Hindu  

Prasanth Balakrishnan Nair, Ajit Krishnan, Angad Pratap and Shubhanshu Shukla — these Air Force pilots constitute the final shortlist of candidates from among whom India’s astronauts for its human spaceflight mission, a.k.a. Among other things, the Indian Space Policy 2023 requires ISRO to “carry out applied research and development of newer systems so as to maintain India’s edge in …

‘Opening up of space sector FDI will attract capital for start-ups, OEMs’
1 year, 1 month ago

‘Opening up of space sector FDI will attract capital for start-ups, OEMs’

New Indian Express  

CHENNAI: Space sector players say the government’s move to further open up foreign direct investment will attract significant foreign capital which is crucial for the strategic sector. The long-pending demand for liberalisation of FDI norms in space companies has been addressed by the government on Wednesday with the amendment to the FDI policy. The changes would help the country to …

The next frontier: On India’s space sector
1 year, 1 month 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 …

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