New Delhi, Sept. 20 -- Brokerage firm Jefferies in a report said that large domestic opportunity is driving private participation in emergent industries in India across Space, Semi & Electronics, Datacenters and Solar.

The brokerage firm further said that support from the government is also visible here with action such as opening up space to private sector, long tax holiday for DCs, large incentive schemes for Semi, Electronics & Solar, localisation requirements, GPU purchases etc.

Private sector takes India's space industry to the next level. India is one of the few countries with strong and globally competitive space capabilities.

The government opened the space sector to private companies in 2020 and aims to grow the space economy ...