New Delhi, Aug. 23 -- India should emerge was as a global hub for space startups and attract talent from international markets, Prime Minister Narendra Modi has said.

During an interaction with space startup CEOs, the Prime Minister emphasised that consistent government policies and trust would help encourage entrepreneurs to take risks and invest in emerging space technologies. He said the government's effort had been to create confidence that entrepreneurs would not be abandoned if their ventures faced setbacks.

The interaction highlighted the rapid expansion of India's private space ecosystem. One startup said it had successfully conducted the country's first private rocket launch on July 18 and plans to scale up to one launch every ...