What Happened
Prime Minister Modi Urges Private Firms To Build Ecosystem
Prime Minister Narendra Modi has called on private space firms to build an ecosystem that attracts global talent and investment, as India targets a larger share in the space economy. With 440 startups in the space sector, up from just one in 2014, and private investment surging nearly six-fold, India is poised to become a major player in the global space industry. The government’s commitment to innovation and support for exports has aided the sector’s growth, with companies like Skyroot Aerospace and Agnikul Cosmos leading the charge. This development was reported by Hindustan Times.