With a significant boosting Indian space, the Minister of Finance Nirmara Citaraman has announced 13,415.20 crawls to the Ministry of Space of 2025-26.
The earmark of the budget is specially 6,103 rupees for the capital spending of space research, and is expected to promote various ambitious projects, such as launch of satellites and deep space missions.
The strengthening of the budget reflects that India focuses on the use of space technology for national development and governance.
The purpose of increased investment is to integrate the universe -based application into important sectors such as agriculture, disaster management, and urban planning.
“The Allied Budget 2025 strengthens the status of India as a technology and a major measure to support deep technology, space, and advanced manufacturing. National Geographical Space Mission and National Mission Mission are high -tech domestic production. AwAIS AHMED, the founder and CEO of Pixxel, is definitely one of the most influential developments in the private space industry.
The ISRO, known for conducting high -cost missions worldwide, is planning to promote international collaboration and build a larger and long -term mission, which boosts its distribution. I am satisfied with doing it.
The budget also emphasizes the importance of public -private partnerships in space sector. The aim is to promote innovation and attract the participation of private sector by the government’s liberalized foreign direct investment (FDI) policy, which allows users to make up to 100 % FDI in satellite manufacturing and related systems.
It is hoped that this will create an auxiliary environment to prosper in the rapid growth space economy for emerging companies and established companies.
The cabinet has recently approved some big ticket missions, including the construction of a new space port, along with the development of Chandrayan-4, Venus Orbiter Mission, next-generation launch vehicles, and the third launch pads in Star Shooter One Space. It is worth mentioning. center.
Industry experts welcome this budget as an extremely important moment for Indian space sector, and is a global player of space exploration and technology.
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