Page 3 - Authorization Centre News Today

India News: India's national space program is taking steps to boost space startups and close the gap with China. Prime Minister Narendra Modi announced the names of four Indian astronauts for the country's first crewed mission in 2025. The government is finalizing regulations to encourage foreign investment in rocket and satellite manufacturing. The new policy promises to simplify the approval process and provide clarity for local companies seeking to expand in the space industry. Indi...

While the Indian Space Research Organisation (ISRO) is one of the top national space agencies in the world, the private sector was slow to develop because the government allowed only a few vendors and manufacturers to participate.

Late on 21 February, the Union cabinet approved a new FDI policy for the space sector, which will allow FDI ranging from 49-100% in different areas.

In the DST budget proposed earlier this month, a new item was introduced wherein Rs 60 crore has been proposed for the financial year 2024-25 “to grant incentive for the space sector". 

30 Space Missions Planned From India In Next 14 Months.

Amazon Web Services (AWS) is starting a new Space Accelerator, a mentorship opportunity designed to foster India-based startups focused on space

Plan include seven launches related to the Gaganyaan mission, two launches each of ISRO’s newest rocket

“...India is a huge country where the user segments are still not explored to an extent, which we need to do. Here there is a huge potential... How do you bring the data available through our remote sensing satellites for commercial activity,” he added.

Reliance Jio, led by Mukesh Ambani, is on the verge of securing crucial landing rights and market access authorizations from the Indian National Space Promotion and Authorization Centre (IN-SPACe).

Indian billionaires Mukesh Ambani and Sunil Bharti Mittal will be locking horns with their western counterparts Elon Musk and Jeff Bezos.