Space Sector

ISRO Chairman S Somanath has revealed exciting new timelines for India's space missions. The Gaganyaan mission, set to be India's first manned space flight, is now scheduled for a 2026 launch. Furthermore, the ambitious Chandrayaan-4 mission, aimed at returning lunar samples, is expected to lift off by 2028. With a focus on self-reliance and privat...

The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.

The government has allotted nearly 130 billion rupees ($1.55 billion) to India's space department this year. Asked how much he expected funding to increase,ISRO chief Somanath said "something like an additional 20-30%", though "over a long period of time".

The Indian space sector has in the last 10 years contributed $60 billion to GDP, as well as generated 4.7 million jobs in the country, according to a report.

India has invested nearly USD 13 billion in the space sector over the past decade which has contributed USD 60 billion to the GDP through direct, indirect and induced benefits, a report by global consulting firm Novaspace said on Friday.

A rocket engine exploded during a test launch at Britain's new spaceport in northern Scotland, officials said Tuesday, in a setback for the UK's fledgling space sector.

Delivering his 11th consecutive Independence Day speech from the Red Fort, Prime Minister Narendra Modi today said that the space sector is crucial to India's growth story.

India's spacetech sector witnessed record-breaking funding of $126 million in 2023 - a 7 per cent increase from the $118 million raised in 2022 and a whopping 235 per cent increase from $37.6 million in 2021, a report showed today.

Consuming alcohol in a car at an open space during wedding celebrations has landed four people in jail in Noida, the police said on Monday.

Vice President Jagdeep Dhankhar on Saturday said India is well-positioned to be a key player in the global space sector in the coming years with its robust space programme and a growing pool of skilled professionals.

Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse

ISRO Chairman S Somanath has said the Indian space industry is offering a tremendous opportunity to the private sector in the country as a new area of growth and development.

The government has notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments.

Russian Deputy Chief of Mission Roman Babushkin hailed India's remarkable achievements in space exploration and underscored Russia's unwavering support for its space endeavours.

Indian Space Research Organisation (ISRO) Chairman S Somanath on Wednesday said that the space program has built "indigenous capability" in space sector adding that they have their own programs and ways to decide what to do with that in future.

ISRO Chairman S Somanath has revealed exciting new timelines for India's space missions. The Gaganyaan mission, set to be India's first manned space flight, is now scheduled for a 2026 launch. Furthermore, the ambitious Chandrayaan-4 mission, aimed at returning lunar samples, is expected to lift off by 2028. With a focus on self-reliance and privat...

The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.

The government has allotted nearly 130 billion rupees ($1.55 billion) to India's space department this year. Asked how much he expected funding to increase,ISRO chief Somanath said "something like an additional 20-30%", though "over a long period of time".

The Indian space sector has in the last 10 years contributed $60 billion to GDP, as well as generated 4.7 million jobs in the country, according to a report.

India has invested nearly USD 13 billion in the space sector over the past decade which has contributed USD 60 billion to the GDP through direct, indirect and induced benefits, a report by global consulting firm Novaspace said on Friday.

A rocket engine exploded during a test launch at Britain's new spaceport in northern Scotland, officials said Tuesday, in a setback for the UK's fledgling space sector.

Delivering his 11th consecutive Independence Day speech from the Red Fort, Prime Minister Narendra Modi today said that the space sector is crucial to India's growth story.

India's spacetech sector witnessed record-breaking funding of $126 million in 2023 - a 7 per cent increase from the $118 million raised in 2022 and a whopping 235 per cent increase from $37.6 million in 2021, a report showed today.

Consuming alcohol in a car at an open space during wedding celebrations has landed four people in jail in Noida, the police said on Monday.

Vice President Jagdeep Dhankhar on Saturday said India is well-positioned to be a key player in the global space sector in the coming years with its robust space programme and a growing pool of skilled professionals.

Meta is looking to hire employees to expand its foray in the generative AI space, as part of its metaverse team. As per a new job listing, could integrate GenAI with its metaverse-related efforts, including virtual reality (VR), augmented reality (AR), and mixed reality (MR) elements – that together make for components of the metaverse

ISRO Chairman S Somanath has said the Indian space industry is offering a tremendous opportunity to the private sector in the country as a new area of growth and development.

The government has notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments.

Russian Deputy Chief of Mission Roman Babushkin hailed India's remarkable achievements in space exploration and underscored Russia's unwavering support for its space endeavours.

Indian Space Research Organisation (ISRO) Chairman S Somanath on Wednesday said that the space program has built "indigenous capability" in space sector adding that they have their own programs and ways to decide what to do with that in future.