Indian space startups to receive up to 100% government incentives
The Department of Space has introduced a pair of incentive programs that provide local private space firms with government backing ranging from 30% to 100%. These benefits apply to areas such as technology transfers, satellite data, launch services, and the use of ISRO infrastructure. This move, unveiled following the Vikram-1 mission's success, is designed to encourage private sector involvement and foster innovation. IN-SPACe will be responsible for carrying out these schemes.
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