India, Feb. 12 -- The Government of India has issued a release:
In the recent Union Budget 2026-27, with wide ranging reforms focussed on manufacturing, creating champion MSMEs and infrastructure will directly & indirectly support the private participation and technology development in the space sector. As mandated in Indian Space Policy, 2023, IN-SPACe has announced various schemes/initiatives in order to promote private participation, start-ups, and technology development in the space sector. The major initiatives are:
The outcome/achievement of the space sector reforms are clearly evident, with a significant increase in private sector participation. The assessment of the current size of the space economy is presently being undertaken i...