India, Jan. 29 -- The Government of India has issued a release:
India's space economy has grown to an estimated $8.4 billion, with 399 start-ups now operating across launch vehicles, satellites, propulsion systems and space-grade electronics, Union Minister of State (Independent Charge) for Science and Technology and Space, Dr. Jitendra Singh, said while replying to a starred question in the Rajya Sabha on Wednesday.
Dr. Jitendra Singh told the House that the expansion followed key policy decisions taken after 2019 to open the space sector to private participation. A major institutional change, he said, was the establishment of the Indian National Space Promotion and Authorisation Centre (IN-SPACe), which functions as a single-window inte...