India Can Build A Commercially Viable Space Sector For The World: PM Modi
Reiterating the Central government’s bullishness on India’s space segment, Indian Prime Minister (PM) Narendra Modi today met with founders and…
Indian Prime Minister Narendra Modi met with founders and CEOs of 20 space technology startups to discuss the future of India's space industry, focusing on expanding commercial applications and becoming an international hub. Executives from companies like Skyroot Acrospace, Agnikul Cosmos, and Pixxel shared insights on satellite fabrication, launch systems, space situational awareness, and AI-driven earth observation.
PM Modi assured the startups that the Indian government will support their growth and emphasized the potential for collaboration with sectors beyond aerospace, such as environmental organizations and agricultural universities. The government's efforts, including the Indian Space Policy 2023, FDI reforms, and venture capital funds, have bolstered the sector's growth, with projections of it reaching $77 billion by 2030.
Written by urgent.news from Inc42's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
