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  • View: Budget gives Rs 1,000 crore boost to space sector. What’s the road ahead? July 25, 2024
    The Indian space sector has immense economic potential, likely to be worth Rs 35,200 crore, about 8% of the global share by 2033. On 23 July, the Finance Minister announced the creation of a dedicated “space fund” worth Rs 1,000 crore, aiming to boost India’s space economy, attract investment and in the global space industry.
  • IN-SPACe, space industry, startups, investors say Rs 1,000-crore VC fund to catalyse growth July 23, 2024
    Union finance minister Nirmala Sitharaman while presenting the Union Budget 2024-25 in Parliament today has proposed the establishment of a Rs 1,000 crore VC fund with the overarching objective of boosting India’s space economy by five times in the next 10 years – a move that has been hailed by industry body Indian Space Association […]
  • Mittal seeks Indian industry, startups, MSMEs to compete worldwide July 18, 2024
    The official further said that the capacity building and scaling is a critical aspect which is more relevant for the country's burgeoning telecom sector.
  • Top satcom cos divided over spectrum allocation timelines July 16, 2024
    Bharti Group-backed Eutelsat OneWeb is believed to have urged communications minister Jyotiraditya Scindia to consider expeditious allocation of satellite spectrum for a provisional six-month period to let companies having requisite permissions undertake a swift commercial launch of broadband-from-space services in the country.
  • Amazon's Project Kuiper in queue for satcom licence July 13, 2024
    Apart from officials from different wings of the DoT, the inter-ministerial panel includes members of Indian Space Research Organisation and the ministry of information & broadcasting. Besides a go-ahead from the panel, home ministry approval is also needed on the security front.
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