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India eyes more foreign investment in space industry

Content type:: Expert Briefings
Location:: INDIA
Keywords associated with this article:: Geographic: India AP China United States

Topical: economy industry international relations aerospace finance foreign investment foreign policy government investment policy private sector public sector reform space technology fiscal infrastructure manufacturing
ISSN:: 2633-304X
Citation:: Oxford Analytica (2023), "India eyes more foreign investment in space industry", Expert Briefings.
https://doi.org/10.1108/OXAN-DB282587

Wednesday, October 11, 2023

Significance

In late August, they landed near the lunar south pole. India thereby became the fourth country to achieve a soft landing on the moon, and the first to do so in the lunar south pole region.

Impacts

India will increasingly pursue ‘space diplomacy’, based on space-tech collaboration with friendly countries.
Following Delhi’s signing of the Artemis Accords, India’s space programme will align closely with that of the United States.
Delhi will press on with plans to make it mandatory for Indian smartphones to integrate with NavIC (Navigation with Indian Constellation).

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Significance

Impacts

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