Readying startups for future space odysseys
Financial Express Mumbai|July 13, 2023
IN-SPACe | The autonomous agency aims to make India the global space tech hub
SRINATH SRINIVASAN
Readying startups for future space odysseys

NODAL of space, THE AUTONOMOUS agency of the department Indian National Space Promotion and Authorisation Centre (INSPACe), instituted in 2020, has been working on increasing private participation in the Indian space industry with some success stories already in its file. With a number of space tech startups coming up in India, the agency has thrown its doors open to these startups to bring them into the larger space industry.

"IN-SPACe has received more than 290 applications from 215 non-governmental entities (NGES). Of these, 90 are startups and 68 are from MSMEs and large industries. The applications cover all domains of space activities such as satellite and launch vehicle manufacturing, space-based applications and ground segment manufacturing & services," says Pawan Goenka, chairman, IN-SPACe, and former MD of Mahindra & Mahindra.

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