Department of Space
PARLIAMENT QUESTION: ENCOURAGING PRIVATE PARTICIPATION IN SPACE SECTOR
Posted On: 20 MAR 2025 2:52PM by PIB Delhi
The Government is encouraging private-sector participation in space domain by taking following steps: –
- Liberalized the space sector to allow Non-Government Entities (NGEs) to engage in full space activities.
- The Indian National Space Promotion and Authorization Centre (IN-SPACE) is established to promote, enable, authorize, and supervise NGEs activities.
- Established the Indian Space Policy – 2023, Norms, Guidelines & Procedures (NGP) and FDI policy to ensure regulatory clarity and foster a thriving space ecosystem.
- Various schemes like Technology Adoption Fund (TAF), Seed Fund, Pricing Support, Mentorship, and Technical Labs to support startups and NGEs in space are being implemented, signed 78 MoUs with NGEs and issued 72 authorizations as on 31.12.2024.
- IN-SPACE is working towards establishing an Earth Observation (EO) System through PPP.
- Technology transfer of Small Satellite Launch Vehicle (SSLV) to Indian companies is in progress.
- Opportunities are being created for Indian entities to access orbital resources.
- To encourage the start-ups, Govt has proposed to set up ₹1000 Crores Venture Capital Fund in the ensuing Financial Year.
A total of approximately 330 industries/startup/MSME are associated with IN-SPACe for enablement of their activities viz. authorization for space activities, Data dissemination, technology transfer, promotional activity, access to IN-SPACe Technical Centre and ISRO test facilities etc.
This information was given by Union Minister of State (Independent Charge) for Science and Technology, Earth Sciences, MoS PMO, Department of Atomic Energy, Department of Space, Dr. Jitendra Singh in a written reply in the Rajya Sabha today.
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