PM Modi says India can ‘very quickly’ make its place in global space sector: ‘We must create an aura that…’
Prime Minister Narendra Modi has encouraged private sector participation to establish India as a global leader in the space industry. The government aims to leverage India's cost-competitiveness and talent pool to attract international investment and startups.
Why it matters
India's push to privatize and expand its space sector reflects a broader strategy to compete in the global space economy and foster domestic technological innovation.
Prime Minister Narendra Modi has said that India can emerge as a global leader in the space sector, calling on private players to build an ecosystem capable of attracting global talent and investment while reaffirming government’s commitment to innovation.Modi calls for global talent, investment in India’s space ecosystemIn an interaction with CEOs and founders of 20 private space firms, Modi said India could become a global hub for space start-ups as he highlighted the country’s cost-competitiveness in launching space ventures and its vast domestic talent pool.“We must create such an aura that people all over the world feel that if they want to build their life, they should come to Hindustan. Join some Indian start-up. Join some Indian space agency,” he said during the interaction that was held on Friday with details released on Sunday.
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