India’s Space Revolution Takes Flight With 440 Startups As Landmark Reforms Propel Private Sector Into Global Space Race | Video
Ahmedabad: India’s space sector now has around 440 startups, marking a significant expansion of private participation in an industry that was once dominated by government institutions, ISRO Chairman and Department of Space Secretary Dr V. Narayanan said at the third National Space Day celebrations in Ahmedabad on Sunday. In 2020, India opened its space sector to private participation. Six years…
Ahmedabad witnessed the celebration of National Space Day on Sunday, where India’s space sector celebrated the growth of around 440 startups, marking a significant shift in the traditionally government-dominated industry. Dr V. Narayanan, ISRO Chairman and Department of Space Secretary, shared that the country's space ecosystem has expanded rapidly since opening up to private participation in 2020.
From a single space startup in 2014, India now boasts a thriving private space sector with over 440 startups, contributing to the nation's broader goal of expanding its role in the global space industry. The reforms in the sector have created a favorable environment for private companies and entrepreneurs, propelling India into the global space race.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.