The Indian government’s efforts to commercialize its space sector has been picking up speed over the past two years. Outlook India spotlighted two important indicators in a recent story: About 40 space startups and industries are in consultation with ISRO for support related to various domains of space activity such as development of satellites, launch vehicles, develop applications and provide space-based services. India’s Foreign Direct Investment policy in the space […]

BENGALURU, India (ISRO PR) — Opening up of the space sector is part of the larger vision of transforming India to become self-reliant through a set of socio-economic reforms. The reforms in the space sector are aimed at tapping the potential of entire country for unlocking its potential by enabling private enterprises and start-ups to undertake end-to-end space activities.

In addition, the reforms are also aimed at mitigating the large and upfront investments required to set up facilities for undertaking space activities through sharing of such existing facilities under ISRO.