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.
As luck would have it, India’s domestic policy matrix as well as the international space regulatory scenario are currently aligned with the geopolitical aims.
From Mohun Bagan and East Bengal to Mohammedan Sporting, footbclubs once shaped identity, pride and belonging across Bengal’s social fabric. Now, the political field has taken over.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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