Cabinet Approves ₹1,000 Crore Venture Capital Fund For Space Start-Ups

The Union Cabinet of India has approved the establishment of a ₹1,000 crore
(approximately $120 million) Venture Capital Fund aimed at supporting
start-ups in the space sector. This decision, made on October 24, 2024, is
part of the government’s broader strategy to enhance private sector
participation in the space economy, which is currently valued at around $8.4
billion and is
The Union Cabinet of India has approved the establishment of a ₹1,000 crore
(approximately $120 million) Venture Capital Fund aimed at supporting
start-ups in the space sector. This decision, made on October 24, 2024, is
part of the government’s broader strategy to enhance private sector
participation in the space economy, which is currently valued at around $8.4
billion and is
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