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.
Increasingly, lenders have stepped in where equity funding has slowed amid global market volatility. But instead of helping startups, they end up extracting a pound of flesh that outlasts the crisis itself.
Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.
At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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