‘You have shown courage in new sector’: PM Modi lauds space startups during interaction with CEOs

Prime Minister Narendra Modi lauded India's burgeoning space startups, commending their courage and entrepreneurial spirit during an interaction with CEOs and Founders from the sector. The Prime Minister highlighted the significant strides made by these companies in a relatively new and challenging field.

During the meeting, Modi emphasized the critical role of policy consistency in fostering a supportive environment for innovation. He noted that clear and stable policies provide assurance to risk-takers, encouraging them to invest and develop new technologies within the space industry.

“

You have shown courage in new sector

The interaction underscored the government's commitment to nurturing the private space sector, recognizing its potential to drive economic growth and technological advancement. By engaging directly with industry leaders, the Prime Minister aimed to understand their challenges and aspirations, signaling a collaborative approach to policy-making.

Modi's encouragement reflects a broader push to position India as a global leader in space exploration and technology. The focus on startups signals a shift towards a more dynamic and private-sector-led approach in India's ambitious space program.

“

laid thrust on constituency in policies noting that it gives assurance to risk-takers