Alongside higher allocations proposed over the next three Union Budgets, the industry association has urged a unique hybrid Production Linked Incentive (PLI) scheme to draw global investment into India’s fast‑growing space economy. Industry body Satcom Industry Association of India (SIA-India) has urged higher allocation for the space sector in the Union Budget 2026-27, along with...
Category: Space Exploration
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Prime Minister Modi Inaugurates Skyroot’s Rocket Factory; Company Targets $21 Billion Launch Market
The Prime Minister also unveiled Vikram‑1, Skyroot’s flight‑ready private commercial rocket, capable of deploying multiple payloads of up to 350 kg in Low Earth Orbit (LEO) in a single mission. India’s fledgling spacetech sector crossed a major milestone with the inauguration of launch vehicle maker Skyroot Aerospace’s sprawling rocket factory in Hyderabad on Thursday, nearly...
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It’s India’s Turn to Take Global South’s Aspirations to Stars, Say Space Leaders at ISpA Conclave
Participants emphasised that India must ensure space is no longer dominated solely by the Global North, but instead compete and collaborate to make the sector more inclusive. As India prepares to send its astronauts into space and expand its footprint in the global space economy, sector leaders at the India International Space Conclave (IISC) 2025...
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India’s Spacetech Startups Propel Sector Towards $45 Billion Growth, Says Jitendra Singh
The Minister of State for Science & Technology and Space has urged more conversations on India’s achievements in “extra‑rocket applications of space,” where technology is harnessed to make daily life easier. Commending the role of India’s space technology startups in boosting the sector, Minister of State for Science & Technology and Space Jitendra Singh said...
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India Urges Inclusive EU Space Act to Support Global Space Governance
According to the industry body SIA-India, this would help ensure that Europe’s space sector remains open, competitive, and innovation-led, while strengthening cooperation with trusted partners, including India. The New Delhi-headquartered Space Industry Association of India (SIA-India) has urged that the proposed EU Space Act must align with the aspirations of third-country partners such as India....
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Godrej Aerospace Delivers Human-Rated Vikas Engine for Gaganyaan Mission
The L110 engine forms the core of the LVM3 Gaganyaan Launch Vehicle, which will propel Indian astronauts into orbit and enable safe atmospheric re-entry of the crew module. In a major milestone for India’s Gaganyaan human spaceflight programme, Godrej Aerospace, the aerospace arm of Godrej Enterprises Group, has delivered the first human-rated L110 Stage Vikas...
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IN-SPACe and SIDBI Launch ₹100 Billion Fund to Propel India’s Space Startups
The agreement marks the formal beginning of the fund’s investment activities in spacetech startups, following SEBI approval on October 31. The Indian National Space Promotion and Authorisation Centre (IN‑SPACe) and SIDBI Venture Capital Ltd (SVCL) on Monday signed a contribution agreement to operationalise the ₹100 billion venture capital (VC) fund dedicated to India’s space sector....
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India’s GalaxEye to Launch World’s First Multi-Sensor Satellite: One to Rule Them All
With a spatial resolution of 1.5 metres, the satellite can detect objects as small as a car, monitor crop health in standing fields, and assess infrastructure with high spatial precision. Nearly three years after its initial announcement, Bengaluru-based spacetech startup GalaxEye is set to launch the world’s first multi-sensor Earth observation satellite, Mission Drishti, in...
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NSIL’s maiden launch vehicle successfully places Brazilian satellite into orbit
Even as India is looking to further consolidate its position as a rising power in space exploration by undertaking wide-ranging reforms, India’s Polar Satellite Launch Vehicle (PSLV)-C51 successfully launched Brazil’s Amazonia-1 along with 18 co-passenger satellites on February 28
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PSLV-C50 successfully launches India’s 42nd communication satellite from Sriharikota
In what was its last satellite launch for 2020, the Indian Space Research Organisation (ISRO) successfully launched communication satellite CMS-01 using the Polar Satellite Launch Vehicle (PSLV)-C50 on Wednesday from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota in Andhra Pradesh.