PM Modi calls upon space startups to make India a go-to destination for global talent, investors - The Hindu
Prime Minister Narendra Modi has urged India’s private space companies to think beyond the domestic market and aim for a stronger position in the global space industry. He highlighted the growing role of private businesses in developing new technologies, creating innovative solutions and expanding India’s presence in space exploration. The Prime Minister called for greater ambition from startups and established companies, encouraging them to build products and services that can compete internationally. India’s space sector has expanded rapidly in recent years, with more private players entering areas such as satellite technology, launch systems and space-based applications. Modi stressed that innovation should remain at the heart of this growth. A stronger partnership between government agencies, startups, researchers and industry, he said, could help India create a globally recognised space ecosystem while generating new opportunities for investment, employment and technological development.
The Key points
- PM Modi encouraged private space companies to target global markets.
- India wants its space industry to become more competitive internationally.
- Innovation was highlighted as a key driver of future growth.
- Startups are playing an increasingly important role in India’s space sector.
- Private firms can contribute to advanced space technologies and services.
- Collaboration between government and industry can strengthen the ecosystem.
- Satellite and launch technologies offer major opportunities for businesses.
- Global ambitions could attract investment and create skilled employment.
- Indigenous technology can improve India’s standing in the space economy.
- The government wants private companies to think bigger and innovate globally.
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