Maharashtra
Govt reforms, private partnerships behind Indian space industry growth in 2024: ISpA
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: Abu Asim meets Chief Secretary Rajesh Agarwal regarding provision of essential health facilities at Dr. APJ Abdul Kalam Hospital.

In order to provide medical facilities to the people in Mumbai Govandi area, MLA Abu Asim Azmi met the Chief Secretary here in the backdrop of facilities and drew his attention towards the necessary facilities. The hospital is facing shortage of doctors, medical staff and key personnel required for emergency services. Pregnant women are also unable to access proper medical care. Moreover, despite the availability of machines and chairs in the dental department, there is a shortage of doctors and staff. Azmi demanded immediate restoration of essential services including the non-functional X-ray machine in Shatabdi Hospital. After reviewing the situation in both the hospitals, Rajesh Agarwal gave a positive assurance that immediate action would be taken. Azmi said that our aim is to ensure that the people of Govandi get better and timely health services.
Maharashtra
Devendra Fadnavis rules out move to national politics; says he will remain in Maharashtra until 2029

Mumbai, Sep 3: Amid ongoing speculation regarding his potential shift to national politics in New Delhi, Maharashtra Chief Minister, Devendra Fadnavis on Thursday firmly put an end to the rumours, clarifying that he will continue to serve in the state until at least 2029.
Speaking at the infra conclave organised by a Marathi TV channel, CM Fadnavis addressed the recurring reports about his move to the national Capital, noting that his future remains in the hands of his party leadership.
“My party and my leaders will decide my role. The day they decide, I will certainly go to Delhi. But as of today, it is my view that I am not going to Delhi until 2029,” he stated.
Dismissing the frequent media chatter, he added with a touch of humour: “Some of my well-wishers believe that going to Delhi would be a promotion for me, while others think that if I leave, a burden will be lifted off their heads. Whether people like it or not, my leaders will keep me in Maharashtra until 2029. Every two to three months, whenever someone lacks news or wants to create hype, they send me to Delhi. I actually enjoy it.”
The CM’s clarification comes after Shiv Sena (UBT) leader and Rajya Sabha MP, Sanjay Raut, on Thursday made a dramatic claim, stating that despite Devendra Fadnavis ruling out a shift to national politics, Prime Minister Narendra Modi wants him in New Delhi to entrust him with a major responsibility.
Speaking to the media, Raut claimed that discussions regarding Fadnavis’ elevation are actively underway within the inner circles of the Rashtriya Swayamsevak Sangh (RSS).
“Prime Minister Modi wants to bring Devendra Fadnavis to Delhi and assign him a significant responsibility. This much I know for a fact,” he said.
Elaborating further on the internal deliberations of the RSS, Raut claimed that the Sangh wants a key leader who is not currently part of the Union Cabinet to be appointed as the Deputy Prime Minister.
”According to information from within the RSS circles, the Sangh holds the view that a crucial leader who is not currently in the Central government should be appointed as Deputy Prime Minister. The RSS believes that the individual slated to be PM Modi’s successor in the Cabinet should be positioned in the role of Deputy Prime Minister—and as far as I know, that person is currently not in Delhi,” Raut added.
Meanwhile, CM Fadnavis also outlined his vision for Maharashtra’s economic future, emphasising that the state is on the verge of achieving its goal of becoming a $1 trillion economy. Highlighting the state’s current progress, he noted that while Maharashtra’s current growth rate stands at an impressive 8.8 per cent, it needs to cross the 10 per cent mark to meet its target within the decade.
“Many states dream of reaching a $1 trillion economy, but Maharashtra is closest to achieving it because we have already reached $660 billion,” Fadnavis said, adding that, “If we maintain a sustained growth rate, we will undoubtedly become a $1 trillion economy by 2030.”
Maharashtra
BMC takes action against Mumbai Central Orchid City Mall; mall shut down.

Mumbai: The Mumbai Municipal Corporation (BMC) has initiated a coordinated action to implement the directions issued by the court. The Supreme Court had issued the necessary directions regarding the Orchid City Centre Mall located on Belasis Road in Mumbai Central area. As part of this process, a joint notice has been issued to the concerned owners/developers as well as the users/occupants of stalls, units and shops, directing them to vacate the premises of Orchid City Centre Mall. Further, clear instructions have been issued that entry or use of the mall premises is prohibited until formal permission is obtained from the competent authority. A coordination meeting was recently held by the BMC’s ‘D’ ward. Officers of the concerned municipal departments, representatives of Nagpada Police Station and Best Undertaking as well as representatives associated with Orchid City Centre Mall also attended the meeting. During the meeting, the representatives of the mall management were directed to voluntarily and strictly comply with the order of the Supreme Court. Supreme Court Orders In 2020, a fire broke out at the Orchid City Centre Mall located on Belasis Road in Mumbai Central. In this context, the Supreme Court issued directions on August 25, 2026. It should be strictly ensured that the entire Orchid City Centre Mall building which has been damaged due to fire shall not be used for any purpose until the developer completes comprehensive repairs of the entire structure. The building cannot be used in any manner until the Brihanmumbai Municipal Corporation (BMC) administration is satisfied that the entire structure (including all floors) is completely safe for all activities and works and complies with all legal requirements. Directions issued by the court The Supreme Court has ordered that the entire building be kept completely sealed and no one should be allowed to enter the premises.
In light of the Supreme Court order, on the directions of the Supreme Court, it was decided during the meeting to conduct a joint operation to vacate the Orchid City Centre Mall building, involving the Building and Factory Department, Building Proposal Department and Mumbai Fire Brigade of the BMC. Accordingly, a joint notice has been issued to the concerned owners/developers as well as the users/occupants of the stalls, units and shops regarding the vacating of the building. Public notices prohibiting citizens and users from entering, using or occupying the building have been displayed in the premises of the mall. The notices clarify that the entire Orchid City Centre Mall cannot be used, and entry will remain strictly prohibited, until the Hon’ble. Supreme Court’s directions are followed and prior permission is taken from the competent authority. Meanwhile, instructions have been issued to disconnect the water supply of the mall, take appropriate action regarding the municipal license and disconnect the electricity supply (except for the electricity required for construction purposes). Nagpara Police has been directed to provide necessary police security for the smooth conduct of the operation and maintenance of law and order.
The BMC administration appeals to all concerned parties to voluntarily comply with the court’s directions. They are urged not to enter or use the premises of the mall until formal permission is obtained from the competent authority and to fully cooperate with the municipal and police administration. However, the administration has made it clear that if the directions are not followed, strict action as per the law and the orders of the Hon’ble Supreme Court will be taken regarding vacating and sealing the premises.
Meanwhile, the concerned departments of the Municipal Corporation will independently take necessary action within their respective legal jurisdiction. The administration has further stated that any future permissions regarding entry, use, or occupancy of the building will be granted by the Municipal Corporation acting as the competent authority, as per the directions issued by the Hon’ble Supreme Court.
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