India s private space sector skyrockets iraqinews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iraqinews.com Daily Mail and Mail on Sunday newspapers.
When Indian entrepreneur Awais Ahmed founded his satellite startup in Bangalore in 2019, his country was still a year away from opening the space industry to the private sector.
When Indian entrepreneur Awais Ahmed founded his satellite startup in Bangalore in 2019, his country was still a year away from opening the space industry
When Indian entrepreneur Awais Ahmed founded his satellite startup in Bangalore in 2019, his country was still a year away from opening the space industry to the private sector.- Modest budget -
Prior to the 2020 opening up of the sector, "all Indian space activity was under the supervision of the ISRO space agency, which managed absolutely everything," said Isabelle Sourbes-Verger, an Indian space sector expert at France's National Scientific Research Centre.
There are now 190 Indian space start-ups, twice as many as a year earlier, with private investments jumping by 77 percent between 2021 and 2022, according to Deloitte consultancy.