New Space Policy is a momentous step in India’s Space Odyssey, says Vivek Kimbahune, Executive VP, Saankhya Labs

New Space Policy is a momentous step in India’s Space Odyssey, says Vivek Kimbahune, Executive VP, Saankhya Labs

Space being a capital-intensive, low volume, high-value business, the Indian ecosystem had inadequate access to capital, largely due to limited domestic market opportunities and long gestation cycles. “With the opening up of the Space sector for private participation, the Indian ecosystem can now leverage on Indian Space Research Organisation’s (ISRO) infrastructure and know-how to build globally competitive solutions with lesser investments,” says Vivek Kimbahune, Executive VP – Sales and Business Development, Saankhya Labs. In his interaction with Huma Siddiqui, he talks about the benefits to private companies, and how it can catapult India as one of the leading space economies in the world. Financial Express

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