India Invites Russian Investment in Space Innovation and Collaboration
India is actively inviting Russian firms to invest in its burgeoning space sector, as highlighted by Ambassador Vinay Kumar during an event in Moscow marking the second National Space Day. This initiative underscores the historical collaboration between India and Russia, tracing back to the launch of Aryabhata in 1975 and extending to the ongoing Gaganyaan human spaceflight program. Kumar emphasized India’s commitment to enhancing its domestic space capabilities while fostering global partnerships. The growing Indian space market, buoyed by successful missions like Chandrayaan-3, presents significant opportunities for international collaboration, demonstrating India’s strategic approach to integrate expertise and innovation in advancing space exploration and technology.