space sector | DD News

July 23, 2026 4:57 PM

Private investment in India’s space sector crosses $618 million: Jitendra Singh

India's private space sector has witnessed significant growth following the country's space sector reforms, with cumulative private investment crossing USD 618.5 million and 105 authorisations being granted to private entities, while the government continues to strengthen the regulatory framework to safeguard national security, Union Minister of State (Independent Charge) for Science and Technology, Earth Sciences Dr. Jitendra Singh informed the Rajya Sabha on Thursday. Replying to an Unstarred...

July 20, 2026 3:56 PM

Reforms, progress and liftoff: India’s space sector enters a new era with launch of Vikram-1

India's space sector is entering a transformative phase as years of policy reforms and institutional support begin to reshape the country's space ecosystem. The launch of Vikram-1, India's first privately developed orbital launch vehicle by Skyroot Aerospace, became a defining milestone in this journey, reflecting the growing role of private enterprise in a sector that was once dominated by government-led missions. The launch comes against the backdrop of the Government of India's sweeping refo...

August 15, 2025 10:07 AM

PM Modi lists out India’s achievements in space sector

Prime Minister Narendra Modi in his Independence Day address listed out India's recent achievements and self-reliance in the space sector that make the country "filled with pride." "We are all seeing the feat in the space sector, and we are filled with pride. Group Captain Shubhanshu Shukla has returned from ISS (International Space Station), and in the coming few days, he will be coming to India. In space, we are preparing for Gaganyaan, as aatmanirbhar Bharat," PM Modi said. "We are also wor...

October 24, 2024 11:03 PM

PM Modi lauds launch of ₹1,000 crore VC fund for space sector, says it will drive innovation

Prime Minister Narendra Modi hailed the Union Cabinet’s decision to set up a ₹1,000 crore Venture Capital (VC) Fund dedicated to the space sector, stating that it will have a phenomenal impact on the youth and foster innovation in India’s growing space industry. In a post on X, PM Modi expressed optimism about the fund’s role in creating opportunities for young innovators. "Excellent news for the space sector! The Cabinet’s decision to establish a Venture Capital Fund will give opport...