Get All Access for $5/mo

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.
Branding

You Don't Need Thousands to Turn Your Business Idea Into Reality — Here's How I Did It on a College-Kid Budget

From creating the packaging designs online by myself to learning how to take professional product photos, I found ways to launch a company on a low budget. Here's how you can do it, too.

Growing a Business

'Good Isn't Enough': He Turned a Company on the Brink of Collapse Into a $100 Million Brand. Here Is His Best Advice for Giving Your Business a Second Chance.

Brad Charron, CEO and "Re-Founder" of ALOHA, explains the moves he made to help this plant-based protein company finally thrive.

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.

Starting a Business

What You Need to Know to Buy the Right Business and Acquire Your Empire

Once you've decided to follow the road of entrepreneurship through acquisition (ETA), it's time to focus on what your destination should be and what supports can help you get there.

News and Trends

JetSynthesys Welcomes Nikhil Kamath, Ankit Nagori, and Prashanth Prakash as Franchise Owners for GEPL Bengaluru Team

The second season of the league, which is set to take place in early 2025, will see Zerodha co-founder Nikhil Kamath, Curefoods founder Ankit Nagori, and Accel partner Prashanth Prakash stepping into the role of franchise owners.