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India Finalizes Space Bill to Boost $44 Billion Space Economy

By BPN News Desk May 24, 2025
Image Credit: ISRO
Science Space & Astronomy
India is set to unlock the next phase of its space revolution with the finalization of the Space Activities Bill, which aims to empower the private sector, strengthen regulatory oversight, and boost India’s space economy to $44 billion by 2033. The bill represents a foundational shift in space
National

Union Cabinet Approves ₹1,000 Crore Venture Capital Fund for Space Sector

By BPN News Desk October 24, 2024
The Union Cabinet, led by Prime Minister Narendra Modi, has approved the establishment of a ₹1,000 crore Venture Capital Fund aimed at advancing India’s burgeoning space sector. The fund, which will be managed under the aegis of IN-SPACe (Indian National Space Promotion and Authorization Centre), is designed to support innovation, economic growth, and boost India’s

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