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 Police arrests 367 absconding and wanted accused

Mumbai: Police has claimed to have arrested 367 wanted criminals, including 18 who were wanted for 20 years. All these wanted criminals were declared absconders. In this, an accused wanted since 1987 has also been arrested in Azad Maidan police station, similarly an accused wanted since 1988 has also been arrested in MN Joshi Marg. These accused have been arrested from January 1, 2026 to March 31, 2026. The police have arrested these accused in this special operation to search for the absconding criminals, which is highly successful. This operation has been carried out on the instructions of Mumbai Police Commissioner Deven Bharti.
Maharashtra
Public representatives should cooperate for effective implementation of SIR program in Mumbai: Municipal Commissioner Ashwini Bhide

Mumbai: As per the instructions of the Commission of India, the Special In-depth Review (SIR) programme is being implemented for the electoral rolls in Mumbai city and suburban districts of Mumbai. District Election Officer and Municipal Commissioner Ashwini Bhide has appealed to the public representatives and political parties to cooperate in implementing this programme in Mumbai in a very effective manner.
In connection with the Special In-depth Review (SIR) programme, a meeting was held with representatives of various political parties at the Mumbai Municipal Corporation headquarters today (April 24, 2026). Leader of Opposition Kishori Pednekar, group leaders of various parties, representatives of various political parties were present at the Mumbai Municipal Corporation House. Additional Municipal Commissioner (Western Suburbs) Dr. Vipin Sharma, Additional Municipal Commissioner (City) Dr. Ashwini Joshi, Additional Municipal Commissioner (Projects) Abhijeet Bangar, Additional Municipal Commissioner (Eastern Suburbs) Dr. Avinash Dhakne, District Collector (Mumbai City) Aanchal Goel, Joint Commissioner of Municipal Commissioner (Mumbai City) and Local Government Commissioner etc. were present.
At the beginning of the meeting, detailed information about the Special In-Depth Review Programme was provided to the representatives of political parties through a computer presentation. Apart from this, various issues were discussed in detail.
District Election Officer and Municipal Commissioner Ashwini Bhide said that earlier a Special In-Depth Review was conducted in Maharashtra in the year 2002, i.e. about 24 years ago. The change in the voter list is necessary due to migration, double registration, illegal registration of dead voters or foreign nationals. In this regard, a Special In-depth Review (SIR) programme is being implemented in the Brihanmumbai region along with other parts of Maharashtra. This Special In-depth Review (SIR) programme will be implemented in a total of six phases, namely, pre-review period, counting period, preparation of AASD (Already Enrolled, Absent, Transferred, Dead) list, publication of draft voter list, claims and objections period and publication of final voter list. The work of voter mapping in the Brihanmumbai region (Mumbai city and Mumbai suburbs) is underway under the pre-review period. Accordingly, voters in the Special In-depth Review 2002 electoral roll are being mapped in the BLO app by searching the details in the 2024 electoral roll. Meanwhile, the cooperation of political parties is important for more effective implementation of the Special In-depth Review (SIR) programme in the Mumbai region. The Municipal Corporation has appointed Polling Station Level Officers (BLOs) for this work. On this basis, Mrs. Ashwini Bhide also appealed to the political parties to appoint Polling Station Level Assistants (BLAs) in the respective local bodies so that the revision process can be completed more efficiently, transparently and expeditiously.
Crime
Goa Cyber Police Arrest Maharashtra Man In ₹61.84 Lakh Digital Arrest Scam Case

Panaji: The Goa Cyber Police apprehended a 48-year-old man from Maharashtra for his alleged involvement in a major cyber fraud case amounting to Rs 61.84 lakh, police officials said on Friday.
The accused, identified as Dayanand Baburao Devalkar, a resident of Ajara in Kolhapur, was traced following an in-depth technical investigation, the office of the superintendent of police (cyber crime), Raibandar, said in a statement.
Police officials said that the funds were transferred into Devalkar’s bank account before being routed to multiple accounts belonging to his associates.
An investigation was initiated after a complaint filed by a resident of Quepem on April 13. According to the police, the fraudsters, acting as Mumbai Crime Branch officers through a WhatsApp number, allegedly threatened the complainant with fabricated allegations of money laundering linked to the banned organisation, PFI.
The accused shared fake documents, including a fraudulent bank statement and an arrest warrant, to intimidate the victim, the police said.
The complainant was subjected to a ‘digital arrest’ and coerced into transferring Rs 61,84,200 to settle the alleged case, the police statement said.
A team led by Sub-Inspector Navin Naik, alongside constables Sidaramaiyya Math and Vinay Amonkar, conducted the raid in Ajara to secure the arrest of the accused.
The investigation is being conducted by Inspector Deepak Pednekar under the supervision of Assistant Superintendent of Police BV Sridevi and Superintendent of Police (Cyber Crime) Raju Raut Desai.
This arrest follows a surge in ‘digital arrest’ scams across the coastal state.
In February, a Porvorim resident lost nearly Rs 15 lakh in a similar ruse involving fake narcotics officials. In late 2023, the Goa Police issued a public advisory after several professionals reported being held on video calls for hours by individuals posing as officials of the Central Bureau of Investigation.
The arrested accused is being produced before the court to seek police custody.
The police are currently tracking the secondary bank accounts to identify the wider network involved in the syndicate.
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