Our private space ecosystem can become major force for India and the world, PM tells start-ups

Prime Minister Narendra Modi praised a group of Indian space entrepreneurs for their bravery in venturing into new territories, telling them that their work could attract global scientific and technological talent to India. During a meeting ahead of National Space Day, Modi congratulated the founders and CEOs of over 20 space start-ups on their achievements.

He emphasized that India's youth working in space-related fields could become a magnet for global talent, stating, "You have shown tremendous courage," as reported by transcripts and videos of the meeting. Modi expressed strong belief that the private space ecosystem could become a significant force for India and the world, encouraging entrepreneurs to see India as the best place to build their careers and contribute to the nation's progress.

Many Indians working abroad are showing interest in returning to India's space sector due to its favorable policies and incentives. One such start-up, Serendipity Space, tested a satellite designed for space-based drug manufacturing, impressing Modi with its potential impact. The Prime Minister assured the entrepreneurs of government support and a stable policy, emphasizing his confidence in their endeavors and urging them to explore new applications of their technologies, ultimately aiming to improve people's lives.