India launches subsidy schemes to back private space firms and ISRO access

The Department of Space unveiled two subsidy schemes designed to bolster India's burgeoning private space industry. Eligible participants - private launch firms, non-government entities and government agencies - can receive between 30% and 100% of costs for launch services, technology transfer, satellite data and access to ISRO facilities. By reducing financial hurdles, the programmes seek to speed up the growth of domestic launch capabilities and enhance the sector's standing in international markets.

The support also covers launch vehicle providers, encouraging a broader ecosystem of service providers. These measures are part of a broader push to make satellite data and related infrastructure more affordable for Indian users. The announcement was made in Bengaluru, where ISRO's headquarters are located. The initiative reflects the government's commitment to fostering a competitive, home-grown space industry.