If successful, the Chandrayaan-3 mission may well boost the space start-up sector in India, which has seen the number of players increasing from a mere 21 in 2020 to 146 now, say industry experts.
The government plans to give it a further boost by increasing the scope of foreign direct investment (FDI) in the sector, while the Indian Space Research Organisation (Isro) is aggressively increasing the pace of technology transfer to the private sector.
Just days before the Chandrayaan-3 launch, Isro’s commercial arm IN-SPACe (the Indian National Space Promotion and Authorisation Centre) invited an expression of interest to transfer its Small