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Bangalore: 2020 permission given to private companies to participate in Indian space industry. Subsequently, start-up companies began to establish a foothold in this sector.
According to ISRO, 100 start-up companies have registered in the Indian space industry. India’s Technology Conference on Research and Development was held in Bangalore yesterday. ISRO Chairman Somanath, who participated in the event, spoke about the startup companies entering the field in the Indian space industry. “So far 100 startups have registered with ISRO.
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ISRO supports the development of space technology by these companies. Many companies have the potential to grow into giants in the industry. “Out of 100 registered companies, 10 companies are focusing on satellite and rocket manufacturing,” he said.
