India Sets Up Space Investment Fund | Aviation Week Network

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October 25, 2024

Agnikul cosmos rocket

Indian startup Agnikul Cosmos is developing space launcher technologies.

Credit: Pallava Bagla/Getty

The Indian government has approved plans for a space investment fund, saying it has earmarked INR10 billion ($118 million) to the effort on a multi-year basis. The money would be allotted on an annual basis in funding blocks stretching out to 2030, the India government said Oct. 25. The government…

Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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