The Indian Space Research Organisation's (ISRO) growing ambitions for space travel are triggering a new generation of tech start-ups in the country. Following the government agency's Chandrayaan 2 moon mission launch on 2015, the ISRO intends to create a commercial unit to transfer technology to the private sector with the aim of putting start-ups at the heart of the space industry ecosystem in the future. With India currently accounting for just 2% of the $350bn global space market, New Delhi plans to mimic China, where military and civilian cooperation is being promoted by President Xi Jinping.
The Indian Space Research Organisation's (ISRO) growing ambitions for space travel are triggering a new generation of tech start-ups in the country. Following the government agency's Chandrayaan 2 moon mission launch on 15 July, the ISRO intends to create a commercial unit to transfer technology to the private sector with the aim of putting start-ups at the heart of the space industry ecosystem in the future. With India currently accounting for just 2% of the $350bn global space market, New Delhi plans to mimic China, where military and civilian cooperation is being promoted by President Xi Jinping.