PARLIAMENT QUESTION: DEVELOPMENT OF SPACE TECHNOLOGY

The Department of Space outlined several initiatives to boost production and manufacturing of space technology in India. These include a liberalised FDI policy for the space sector, discounted pricing for Non‑Government Entities (NGEs) to use ISRO facilities, a ₹1,000 crore venture‑capital fund for space start‑ups, and a ₹500 crore Technology Adoption Fund to accelerate indigenous space technologies. Additional measures involve facilitating access to ISRO infrastructure, skill‑development programmes, a Technical Centre for testing and validation, technology transfer to industry, the PSLV Orbital Experimental Module (POEM) for validation, the Satellite Bus as a Service (SBaaS) initiative, and encouraging state‑level manufacturing clusters. The initiatives are promoted through outreach platforms such as industry meetings, workshops, webinars, and publications.