India invites Russian investment in its growing space sector.
India has invited Russian firms to invest in its burgeoning space industry, highlighted by Ambassador Vinay Kumar during a National Space Day event. He emphasized the long-standing collaboration between India and Russia, recalling milestones such as India’s first satellite launch in 1975 and the ongoing Gaganyaan human space mission. The Indian government is creating a favorable environment for innovation in space ventures, reflecting India’s deep historical ties to astronomical studies. This partnership aims to enhance both nations’ capabilities in space technology and commercial opportunities, reinforcing India’s position as a significant player in the global space arena.