The Print | Govt’s Rs 1000 cr Fund for Space Sector has Drawbacks. It Should Bet on Outcomes, Not Ideas

Government as an anchor customer provides a stable source of demand for space-based services, reducing uncertainties in the market. It can boost investor confidence in the Indian space sector, attracting investments from home and abroad.

By Ashwin Prasad

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Mint | Private sector participation in LVM3 production could mean a space sector boom

In a recent keynote address at a US- India Business Council event, the chairman of Indian Space Research Organisation (Isro), S. Somnath, spoke about the retirement of the US National Aeronautics and Space Administration’s (Nasa) Space Shuttle programme in 2011. For three decades, the Space Shuttle had ferried astronauts and satellites, even aided in building the International Space Station (ISS).  Read the full article here.

Firstpost | Agnikul’s first test flight: Time for private sector to be wings of Indian space industry

Agnikul’s first rocket, Agnibaan SOrTeD, completed its maiden suborbital test flight, marking a significant milestone for the Indian private space industry.

Accessing space is now easier than ever, creating new growth and innovation opportunities. The Indian Space Research Organisation (ISRO) has developed the Small Satellite Launch Vehicle ( SSLV ) to enable quick and flexible on-demand launches, complementing its existing fleet of Polar Satellite Launch Vehicles (PSLV) and Geosynchronous Satellite Launch Vehicles (GSLV) for heavier payloads. Read the full article here.

Deccan Herald | New guidelines could hamper India’s promising space industry

On May 3, space regulator Indian National Space Promotion and Authorisation Centre (IN-SPACe) released new guidelines and procedures for space activity. These guidelines may have a detrimental effect on India’s emerging private space sector. Read the full article here.

The Diplomat | China’s Military-Civil Fusion Space Program

On April 17, NASA chief Bill Nelson cautioned that China’s “so-called civilian space program is a military program,” emphasizing that the United States is engaged in a space “race” with China. While NASA may have its reasons for securitizing this issue, one cannot overlook China’s rapid advancements in the space sector. China’s objective is to develop and acquire advanced dual-use technology for military purposes and deepen the reform of its national defense science and technology industries, which also serves a broader purpose of strengthening the country’s comprehensive national power. Read the full article here.

Firstpost | How private sector can propel a new wave of space revolution in India

The Government of India amended the FDI policy for the space sector on 5 March 2024. This has liberalised thresholds for various space-related activities. This change comes on the heels of a slew of space reforms by the government that began in 2020. The reforms created a fertile ground for the cropping up of many space start-ups in the country but did not address their funding needs. While the FDI reforms have the potential to address this deficiency, they are insufficient in a vacuum. India’s share of the global space economy is $8 billion, and the government aims for a five-fold increase by 2040. To achieve this, the government will have to place larger bets. Read the full article here.

Times of India | In final frontier, 4 is the first number

For the first time in 40 years, a small group of Indians is set to venture into the perilous and untamed wilderness that lies beyond our atmosphere. Yesterday, Modi feted four test pilots – Prasanth Nair, Ajit Krishnan, Angad Pratap and Shubhanshu Shukla – who are to become the first Indians in outer space since Rakesh Sharma’s historic journey on Soyuz T-11 in 1984.

Unveiling the fab four | Yesterday’s event was a ceremonial milestone for the ambitious Gaganyaan programme, which aims to make India one of only four countries that can independently carry out human spaceflight. Read the full article here.

CASI | Chandrayaan and Chips: Space Lessons for India’s Semiconductor Program?

From a technology policy lens, the success of the Chandrayaan-3 mission in 2023—which saw India become the fourth country to land a rover on the moon and the first to do so near the Lunar south pole—brings up a pertinent question: If largely government-run efforts could make India a bonafide space power, can some of those learnings help India become a semiconductor power? Geopolitical competition between the US and China, as well as a perceived overreliance on a seemingly vulnerable Taiwan for the vast majority of advanced chips, has made the semiconductor manufacturing sector the focus of intense industrial policy efforts over the last few years, after decades of it being the poster child of globalization. Read the full article here.

Hindustan Times | Chandrayaan will help us profit from the heavens

After Chandrayaan-3’s success, India’s goal is to not only build on Isro’s extraordinary achievement but also to harness popular enthusiasm for space exploration towards concrete outcomes for the country’s high-technology economy. Unlike the IT and biotech sectors, space remains a State-led industry. Governments such as those of the United States have deep pockets and can act as anchor customers until segments of the space sector stabilise and become self-sustaining. Most government and private funding is directed to practical space applications such as satellites that provide immediate returns on investment. Military requirements are a primary driver of satellite infrastructure as are other State-led requirements such as monitoring weather patterns and ecological degradation. All this needs cutting-edge innovation that only space exploration can drive. Read the full article here.

Times of India | Why India must now prepare for lunar geopolitics as well

The successful Chandrayaan-3 mission not only marks India’s ascension to a tiny club of lunar states, it also marks the first time humans have conducted a controlled landing in the southern polar region of the Moon. Read the full article here.