The Indian Space Research Organization's private-public approach, along with initiatives such as Make in India, Start-up-India and the 2017 the Return on Investment (ROI), is helping to commercialise the country's space industry. Governmental support, lower satellite costs and lower rocket development costs are helping to improve return on investment and lower operating costs for companies in the small satellite, or smallsat, market. Indian smallsat start-up Exseed Space launched a nano-satellite in December, while Astrome Technologies plans to launch a 200-smallsat constellation by 2021.
The Indian Space Research Organization's private-public approach, along with initiatives such as Make in India, Start-up-India and the 2017 Space Activities Bill, is helping to commercialise the country's space industry. Governmental support, lower satellite costs and lower rocket development costs are helping to improve return on investment and lower operating costs for companies in the small satellite, or smallsat, market. Indian smallsat start-up Exseed Space launched a nano-satellite in December, while Astrome Technologies plans to launch a 200-smallsat constellation by 2021.