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Searched Tag: indian space policy 2023

Union Minister Dr. Jitendra Singh with ISRO Chairmen S. Somnath in Ahmedabad. Image X.

Bharat's Cosmic ambitions soar: Dr. Jitendra Singh unveils vision for Space economy surge

March 5, 2024, 06:09 PM - 2 min read

India sets its sights on a significant expansion in its share of the global space economy, with Union Minister Dr. Jitendra Singh outlining ambitious targets and highlighting the pivotal role of the private sector in advancing the nation's space endeavors.

Indian astronauts who are selected for the gaganyaan space mission

India's Gaganyaan astronauts undergoing tight training regime

February 28, 2024, 05:36 PM - 2 min read

Conducted at the Indian Space Research Organisation's crew training facility, the intensive program caters to the needs of the astronaut-designates: Group Captain Prasanth Balakrishnan Nair, Group Captain Ajit Krishnan, Group Captain Angad Pratap, and Wing Commander Shubhanshu Shukla.

The Union Cabinet has allowed 100% foreign direct investment (FDI) in the space sector in a bid to attract potential investors to invest in Indian space companies.

Govt allows 100% FDI in space sector

February 22, 2024, 12:43 PM - 2 min read

The Ministry of Commerce and Industry stated that, "The increased private sector involvement will stimulate job creation, facilitate technology transfer, and fortify India's position in the global space economy, It is anticipated that the policy reforms will incentivize companies to establish manufacturing facilities within the country, aligning with the government's 'Make In India' and 'Atmanirbhar Bharat' initiatives"