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Govt reforms, private partnerships behind Indian space industry growth in 2024: ISpA

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New Delhi, Dec 24: Reforms made by the government coupled with private partnerships played a crucial role in the growth of India’s space industry in 2024, said the Indian Space Association (ISpA), noting that 2025 is poised to be a year of transformative developments.

Lt. Gen. AK Bhatt (Retd), Director General, ISpA stated that government reforms like the Foreign Direct Investment policy, the Rs 1,000 crore Venture Capitalist fund, and a thriving startup ecosystem, coupled with dynamic public-private collaborations propelled space sector growth.

“The Indian government’s continued focus on strategic policy reforms not only opens the door for significant private sector investment but also ensures that India stays at the forefront of global space innovation. With the continuous support from the government and the push for the public,” Bhatt said.

“The private space sector is witnessing a major growth in the startup ecosystem driven by favourable policy reforms like the liberal FDI policy announced this year,” he stated, adding that this will give the country “access to the latest tech advances and funds” both from Indian and global investors.

The FDI policy in the space sector was launched under the Indian Space Policy 2023 in March. It allows for 100 per cent FDI under the automatic route for satellite components and systems, up to 74 per cent for satellite manufacturing and operation, and 49 per cent for launch vehicles and spaceports.

In October, the Cabinet approved a Rs 1,000 crore VC Fund for the space sector, bolstering startups and private players.

It also approved Phase III of the Space-Based Surveillance (SBS-III) project, targeting the launch of 52 satellites to enhance surveillance. This involved the manufacturing of 31 satellites by the private sector, providing immense opportunities to the industry.

Further, the year also witnessed the laying of the foundation stone for India’s second spaceport in Kulasekharapattinam, Tamil Nadu.

Tata Advanced Systems and Satellogic launched India’s first private sub-metric high-resolution Earth Observation satellite in April.

In May, Agnikul Cosmos made history with the launch of “Agnibaan – SOrTeD,” the world’s first rocket powered by a fully 3D-printed, semi-cryogenic engine.

Funding for Indian space-tech startups reached $76.79 million in 2024, bringing total funding to $463.24 million to date. This includes Pixxel, GalaxEye, Dhruva Space, XDLink Labs, Piersight, and EtherialX.

Notably, this year, ISRO’s commercial arm, NSIL, invited private firms to apply for the end-to-end manufacturing of the Launch Vehicle Mark-III, used in Chandrayaan-2 and Chandrayaan-3.

IN-SPACe, under the Department of Space, also called for initial bids from domestic companies to design, build, and operate Earth Observation satellites. These initiatives mark the Centre’s push to become a key customer for India’s private space sector through a public-private partnership (PPP) model, transforming the space sector, Bhatt said.

Maharashtra

Mumbai Municipal Corporation general elections: Attendance at election training mandatory for officers and employees, criminal action will be taken against absenteeism

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Mumbai: Municipal Corporation All officers and employees involved in the election process will be provided with necessary training to conduct the general elections in a transparent, fair and smooth manner. Training sessions have been organized from Monday 29th December 2025 to Monday 5th January 2026. The date, time and venue of the training have been intimated separately to all the concerned officers and employees. It is mandatory for the officers and employees to attend this training. The Municipal Corporation Administration has issued a strict warning that as per the instructions of the Hon’ble State Election Commission Maharashtra, criminal action will be taken against the officers and employees who are absent from the training or do not follow the orders. The State Election Commission, Maharashtra has announced the election schedule for the Municipal Corporation General Elections 2025-26. The voting process for the Municipal Corporation General Elections will be on Thursday 15th January 2026 from 7.30 am to 5.30 pm. Also, the counting process and results will be declared on Friday 16th January 2026 from 10 am.

All the stages related to the election process have been strictly planned to conduct the Municipal Corporation General Elections in a completely transparent, fair and smooth manner. Since it is necessary to provide necessary training to the Polling Station President (PRO), Assistant Polling Station President (APRO), Polling Officer (PO) and the employees involved in this election process, special training sessions have been organized by the Municipal Administration. This training session has been organized from Monday, December 29, 2025 to Monday, January 5, 2026. Training will be implemented in various stages during this period. The training will provide detailed guidance on the responsibilities of the election process, code of conduct, voting and counting process, legal matters and steps to be taken in emergency situations. The main objective of the election training is to make the election process credible and transparent by avoiding any kind of error, ambiguity or malpractice.

The date, time and venue of the training have been communicated to all the concerned officers and employees through separate appointment orders. It is mandatory for all officers and employees to attend this training. Absence will not be accepted for any reason. As per the directions of the State Election Commission, the Municipal Corporation Administration is giving a strict warning that officers and employees who are absent from the training session, do not comply with the orders or fail to perform their duties in the election process, will be subject to disciplinary action including criminal proceedings under Section 28 (a) of the Mumbai Municipal Corporation Act, 1888. Please take this matter very seriously and attend the training and discharge your duties honestly.

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मुंबई के पायधोनी में करोड़ों रुपये के ड्रग्स के साथ 9 आरोपी गिरफ्तार, इनमें 3 महिला तस्कर भी शामिल

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मुंबई : ड्रग्स के खिलाफ एक बड़े ऑपरेशन में, पायधोनी पुलिस ने 1 करोड़ रुपये से ज़्यादा की हेरोइन ज़ब्त करने और दो पुरुष और दो महिला ड्रग पेडलर को गिरफ्तार करने का दावा किया है। जानकारी के मुताबिक, 16 दिसंबर को दोपहर 2:30 बजे पायधोनी पुलिस स्टेशन की सीमा में पी.डी.मेलो रोड पर एक सर्च के दौरान, 37 साल के राम नटवर ठक्कर और 27 साल के वसीम सैयद के पास से 326 ग्राम से ज़्यादा हेरोइन बरामद की गई। आरोपियों को गिरफ्तार कर लिया गया और उन पर एनडीपीएस एक्ट के तहत मामला दर्ज किया गया। जांच के दौरान, आरोपियों ने बताया कि वे ड्रग्स कहां से लाए थे। उसके बाद, पुलिस ने 30 साल की रुबीना सैयद को गिरफ्तार किया। उसने बताया कि वह शबनम शेख के संपर्क में थी। उसे राजस्थान के अजमेर से गिरफ्तार किया गया। जब यह पता लगाने के लिए जांच की गई कि इन दोनों महिलाओं ने ड्रग्स कहां से हासिल किए थे, तो शबनम शेख को ड्रग्स बेचने वाले व्यक्ति, मुस्कान समीउल्लाह शेख 19 साल को मस्जिद बंदर इलाके से गिरफ्तार किया गया। पुलिस को जानकारी मिली थी कि अब्दुल कादिर शेख और मेहरबान अली मुस्कान को ड्रग्स सप्लाई करने आ रहे हैं, जिस पर पुलिस ने जाल बिछाकर अब्दुल कादिर को गिरफ्तार कर लिया। उसके पास से ड्रग्स भी बरामद हुए। जोगेश्वरी में उसके घर की तलाशी के दौरान नवजीत गुलाबी खान, शारिक सलमानी, समद गुलाबी के पास हेरोइन मिली। उनके पास से कुल 33 करोड़ से ज़्यादा कीमत के ड्रग्स ज़ब्त किए गए। इस ऑपरेशन में पुलिस ने तीन महिलाओं और 6 पुरुषों को गिरफ्तार किया और करोड़ों रुपये के ड्रग्स ज़ब्त किए। यह ऑपरेशन मुंबई पुलिस कमिश्नर देविन भारती के निर्देश पर डीसीपी विजय सागरे ने किया।

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Maharashtra

Mumbai: Tardeo Police Assistant Sub-Inspector violent, indecent behavior with a woman, two goons arrested, ASI also booked for molestation

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Mumbai: Police has claimed to have arrested two criminal goons who tarnished the image of Mumbai Police by beating up Assistant Sub-Inspector Sanjay Rane and making his social media. Sanjay Rane was found indecently acting with a woman in Tardeo’s garden, after which both the men grabbed the ASI by the collar and beat him up. The police officer told them that he was ready to go to the police baton post for a mistake, but both of them did not listen to the ASI and beat him up and put his hand on the police uniform. The ASI’s video was also viral on social media, after which the Tardeo police have taken action against the criminal accused Irfan Iqbal Sheikh and Abbas Muhammad Ali Khan under sections 127, 353(1) B115, 352, 351, 202 of the BMS. Earlier, the police had registered a case of molestation against the above-mentioned ASI and now Both the accused have been arrested while taking action. When Sanjay Vilas Rane committed an indecent act, they both caught him and Sanjay said that he was ready to go to the police station, but both of them started a fight with the accused of molestation, Sanjay, and abused him. The aim of both of them was to tarnish the image of the police and create terror in the area, so both of them attacked the police and took the law into their own hands, after which action has been taken against both of them. Mumbai Police For the safety of the public, if a police officer does something wrong, he can be punished according to the law, but no one has the right to take the law into their own hands, so taking action against both of them, they were arrested and the court has sent them on remand.

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