National Space Day is based on theme – ‘Touching Lives While Touching the Moon: India's Space Saga.’ Last year, on 23 Aug, Chandrayaan-3 lander completed soft landing on moon.
Government as an anchor customer provides a stable source of demand for space-based services, reducing uncertainties in the market. It can boost investor confidence in the Indian space sector, attracting investments from home and abroad.
India’s new space policy says participation of private players in end-to-end services is set to rise, a role that ISRO solely fulfilled until a couple of years ago.
100% FDI will now be allowed in manufacturing of satellite components without need for govt approval. Up to 49% will be allowed automatically in launch vehicles and spaceports.
The FDI policy reform is expected to boost employment and will allow companies to set up manufacturing facilities in the country, the government said in a statement.
Having millions of young Indians enthusiastically engaging with science and technology is a huge return on investment on a mission like Chandrayaan-3. It will create several ripple effects.
Space entrepreneur Dr Susmita Mohanty pointed out that ISRO was repeating the same mistake that NASA made in 1960s, calling for initiatives to bridge the gender gap.
FM adds that AI-assisted technologies should be adopted in all districts to bring development & highlights importance of collaborative ecosystems in tech innovation.
The Standard F4 plus version will come equipped with longer-range air-to-air missiles (two) and air-to-ground munitions than currently in service with India, ThePrint has learnt.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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