Boost for space economy: Govt unveils Rs 1,500 cr fund package to scale startups
The Indian government has introduced a Venture Capital Fund and a Technology Adoption Fund worth Rs 1,000 cr and Rs 500 cr respectively, leading to a rapid transformation in the country’s space sector. The private space ecosystem has grown significantly with over 400 startups, including prominent companies like Skyroot Aerospace, Agnikul Cosmos, Pixxel, GalaxEye, Digantara, and Dhruva Space.