Department of Space Launches Incentive Programs To Boost Private Space Sector, To Get 30-100% Subsidy

The Department of Space has introduced two new financial incentive programs through IN-SPACe, designed to accelerate private sector participation in India’s space industry.These initiatives, known as the Launch Services Price-Support Scheme (LSPS) and the Price Support Scheme, provide subsidies ranging from 30% to 100% on launch costs, technology transfers, Earth observation data, and the use of
The Department of Space has introduced two new financial incentive programs through IN-SPACe, designed to accelerate private sector participation in India’s space industry.These initiatives, known as the Launch Services Price-Support Scheme (LSPS) and the Price Support Scheme, provide subsidies ranging from 30% to 100% on launch costs, technology transfers, Earth observation data, and the use of
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