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indian space association

India space: India’s space startups exploring niche markets, global collaborations

From aiming to re-fuel satellites in orbit to monitoring the Earth's health, Indian start-ups in the space sector are exploring niche markets with the hope of striking it big as opportunities for global commercial collaborations open up. India becoming a signatory to the Artemis Accords and the focus on the space sector, particularly on addressing issues related to export control and technology transfer, during Prime Minister Narendra Modi's recent visit to the US will open up doors for private players, industry leaders…

‘Foreign companies are looking at India for satellite manufacturing’

In the space sector it is the satellite that showers continuous cash to the operators -- the cash cow -- and not the glamorous rocket.With the trend of small satellite constellations, satellite manufacturing offers good scope for India, states a sectoral report titled 'Developing the space ecosystem in India: focusing on inclusive growth' was prepared by the Indian Space Association (ISpA) and EY.As per the report, the satellite manufacturing business in India is expected to touch $3.2 billion in 2025 from $2.1 billion in…

India’s space economy to be worth USD 12.8 billion by 2025, says report

According to a report released, India's space economy is likely to be worth nearly USD 13 billion by 2025, with the satellite launch services segment set to witness the fastest growth spurred by increasing private participation. The growing demand for smaller satellites is set to boost satellite manufacturing in the country and will attract global start-ups in the sector to help incubate space tech companies here, said the report released by the Indian Space Association (ISpA) and Ernst and Young. India's space economy…

PLI scheme, comprehensive space policy needed for space sector, claims report

A comprehensive policy for the space sector, the introduction of a production linked incentive (PLI) scheme, and the promotion of independent launch solutions for private sector satellites are needed for the sector, states a sectoral report.The report, titled "Developing the space ecosystem in India: focusing on inclusive growth", was prepared by the Indian Space Association (ISpA) and EY.The report has suggested, among others, the following: (a) drafting of a comprehensive space policy covering upstream and downstream…

Indian Space Association Set to Be Launched Today by Prime Minister Narendra Modi: All the Details

Prime Minister Narendra Modi will virtually launch the Indian Space Association (ISpA) at 11 am on Monday. He will also interact with representatives of the space industry on the occasion.Taking to Twitter, the Prime Minister on Sunday wrote, "At 11am tomorrow, 11th October, I will join the programme to launch the Indian Space Association. I am glad to be getting the opportunity to interact with leading stakeholders of the sector. Those interested in the world of space and innovation must-watch tomorrow's programme."At 11…

Indian Space Association Launched by Prime Minister Narendra Modi to Be the Voice of Country’s Space Sector

Prime Minister Narendra Modi on Monday launched Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, and underlined his dispensation''s commitment to reforms, saying the country never had a more decisive government.PM Modi cited the government's success in privatising loss-making public airline Air India to assert that this shows its commitment and seriousness.He said the government's policy about the public sector is that sectors where it is not needed should be opened…