The Indian government has unveiled a Rs 1,500 crore fund support package to scale startup infrastructure in the space economy.

India

Who

Dr Jitendra Singh, Piyush Goyal, Narendra Modi, Pawan Goenka

What

When

Fri, 12 Jun 2026 08:15:10 GMT · 1h 59m ago

Where

India ·

Why

The fund aims to support innovation and commercialisation in the space sector, building on policy reforms that opened the sector to private participation.

The Frontline Impact

How this affects you

This government fund package is intended to boost India's rapidly expanding space sector, enabling startups to innovate and contribute to the nation's technological and strategic ambitions, potentially positioning India as a leading force in the global space economy.

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Verified Sources & Citations

The Financial Express
https://www.financialexpress.com/business/industry-boost-for-space-economy-government-unveils-rs-1500-crore-fund-package-to-scale-startup-infrastructure-skyroot-agnikul-pixxel-galaxeye-jitendra-singh-aatmanirbhar-antriksh-4265526/
HIGH

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