PM Modi urges private space sector to build global aura of innovation
In an interaction with CEOs and founders of 20 space startups on Friday (August 21, 2026), Mr. Modi also highlighted India's cost-competitiveness in launching space ventures
On August 23, 2026, Prime Minister Narendra Modi urged the Indian private space sector to create an ecosystem that can attract global talent, companies, and investment. He emphasized the need to build an "aura" that makes India a destination for individuals seeking careers in the space sector. The Prime Minister made this call while interacting with CEOs and founders of 20 Indian space startups during the observance of the third National Space Day, commemorating the successful Chandrayaan-3 lunar landing in 2023.
Mr. Modi stressed the importance of consistent government policy in providing confidence to risk-takers and urged startups to explore applications beyond space, such as agriculture, livestock, and environmental organizations. He highlighted India's cost competitiveness and talent as key advantages that could help the country establish itself rapidly in the global space industry.
Written by urgent.news from The Hindu - Sci-Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- ‘Impressed by their energy & ambition’: PM Modi meets India’s space startups timesofindia.indiatimes.com
- Global space norms find a firm footing in India’s new re-entry rules thehindu.com
