1 week ago

Modi Urges Space Startups to Attract Global Talent

Modi Urges Space Startups to Attract Global Talent
Our private space ecosystem can become major force for India and the world, PM tells start-ups · indianexpress.com

Prime Minister Narendra Modi met leaders of Indian space startups.

He praised them for being brave enough to work in a new industry.

He said the government should keep its policies steady so companies can plan and take risks.

Modi wants people from around the world to come to India to work in space.

He said India has talented workers and can provide space services at competitive costs.

He encouraged companies to use space technology to help farmers and protect the environment.

He also wants space businesses to work with other industries.

Atal Tinkering Labs could help children become interested in space.

The goal is for India to become an important space hub for the world.

Key facts

Participants
CEOs and founders of 20 space startups took part in the interaction.
Government support
Modi said consistent policies should assure entrepreneurs who take risks.
India’s advantages
Modi highlighted India’s cost competitiveness, talent quality and capacity for risk-taking.
Talent goal
Modi said India’s private space ecosystem could attract scientific and technological talent from around the world.
Potential applications
The discussion included agriculture, environmental protection, space-debris management and other technologies intended to make people’s lives easier.
Youth engagement
Modi called for closer cooperation between space companies and Atal Tinkering Labs to build children’s interest in space.
Private participation
The Indian Space Policy 2023 opened the space value chain to private participation, including satellite manufacturing, launch services, applications and downstream services.

Quotes

Antariksh Parichcha

Representative of Bhubaneswar-based Serendipity Space

“I believe we should create an aura where people from all over the world feel that if they want to build a life in this field, they should come to India--join an Indian startup or the Indian space agency. I am convinced that we can attract this entire talent pool like a magnet, and it can become a tremendous strength for us...We are highly cost-competitive. There is no question regarding the quality of talent, and since the people of our country naturally possess a high capacity for risk-taking,|”
republicworld.com indianexpress.com deccanchronicle.com
“You have shown courage in a new sector. The most important thing is that you placed your trust in the government. My view has always been that whatever decisions we make, we must remain consistent. We shouldn't keep changing them constantly; that way, anyone willing to take a risk can feel assured--knowing that if something goes wrong due to their own error, that's one thing, but no one will abandon them. That is the trust we are striving to build.”
republicworld.com deccanchronicle.com

Sources

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