Analysis: Liftoff: Modi’s space push for India counts on private players


Source: reuters.com reuters.com

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[1/2] Indian Space Research Organization logo is seen in this illustration taken May 1, 2023. REUTERS/Dado Ruvic/Illustration BENGALURU, May 11 (Reuters) - Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade - an effort boosted by the personal support of Prime Minister Narendra Modi. In the year after the country opened the way for private launches in 2020, the number of space startups more than doubled, from 21 to 47. At the end of 2022, Skyroot Aerospace, whose investors include Sherpalo Ventures and...