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Space start-ups over the moon with govt's FDI push, Isro's tech transfer

From the 1980s, Isro has transferred over 400 technologies to around 235 industries. At least 200 technologies were transferred in the past few years only, say sources

Isro's Launch Vehicle Mark-III (LVM3) M4 rocket carrying 'Chandrayaan-3' lifts off from the launch pad at Satish Dhawan Space Centre, in Sriharikota, Friday. Photo: PTI
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85 per cent of components for the LVM-3 rocket used for the launch of the Chandrayaan-3 mission came from the private sector

Shine Jacob Chennai

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If successful, the Chandrayaan-3 mission may well boost the space start-up sector in India, which has seen the number of players increasing from a mere 21 in 2020 to 146 now, say industry experts.
 
The government plans to give it a further boost by increasing the scope of foreign direct investment (FDI) in the sector, while the Indian Space Research Organisation (Isro) is aggressively increasing the pace of technology transfer to the private sector.
Just days before the Chandrayaan-3 launch, Isro’s commercial arm IN-SPACe (the Indian National Space Promotion and Authorisation Centre) invited an expression of interest to transfer its Small