Composites Today

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India’s investment in space start-ups is over Rs.1,000 crores

India has witnessed investment of over Rs.1,000 crore in Space Startups in last nine months of the current financial year from April to December 2023, Union Minister Dr Jitendra Singh has said. During an exclusive interview with a television channel, Dr Jitendra Singh said, this has been possible because after a bold decision taken by Prime Minister Shri Narendra Modi, India’s Space sector has been opened for private players, as a result of which there is an overwhelming response from Industry as well as investors from private sector. From just one Startup in the Space sector four years back, we have almost 190 private Space Startups after opening of the sector and the earlier ones of them have now turned entrepreneurs, he said.