📺 Stream EntrepreneurTV for Free 📺

Startups Should Take Full Advantage Of Growing Opportunities In Indian Space Sector, Says Narendra Modi He also said that Indian industries and startups are engaged in bringing news innovations and new technologies in this field

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Narendra Modi Twitter handle

Prime Minister Narendra Modi, on Sunday, advised the startups to take full advantage of growing opportunities in the Indian space sector. He also said that Indian industries and startups are engaged in bringing news innovations and new technologies in this field. He added that the collaboration of IN-SPACE is going to make a big difference in this area.

"Non-government companies are also getting the facility to launch their payloads and satellites through IN-SPACe. I would urge more and more startups and innovators to take full advantage of these huge opportunities being created in India in the space sector," said Modi in his monthly radio broadcast 'Mann Ki Baat'.

"Earlier in India, the space sector was confined within the purview of government systems. Ever since, the space sector has opened for India's youth, revolutionary changes have started coming in it," said Modi.

Indian National Space Promotion and Authorisation Centre (IN-SPACe) is a single window agency for all space sector activities of private entities.

"I also remember those old days, when India was denied the cryogenic rocket technology. But the scientist of India not only developed indigenous technology, but today with the help of it, dozens of satellites are being sent to space simultaneously," the PM added.

The Prime Minister also said that the student power is the basis of making India powerful. He expressed confidence that when India celebrates the centenary, this power of youth will take India to the heights that the country is working on today.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Collaboration

5 Ways Solopreneurs Can Scale Their Business Through Collaboration

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

News and Trends

The Best Startup Funding This Week [May 11–May 17]

The startups that have raised the most money this week, from May 11 to May 17, are listed here. Here's a quick rundown of them:

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Thought Leaders

10 Ways to Make Money While You Sleep

This is much, much better than staying awake worried how you'll make a buck.

Devices

Add Some Life to the Office with $60 off This Bluetooth Speaker

This TREBLAB speaker provides 360-degree HD sound and high-powered connectivity.