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Indian Space Startups Get an Early Launch Boost

  • The Indian government has approved a ₹1,000 crore fund to support young space startups.
  • 35–40 companies will receive funding between ₹10 crore and ₹60 crore based on their progress.
  • The fund aims to fill the gap in startup funding in the space industry.
  • India's space economy is expected to reach $44 billion by 2033, and this fund will help Indian startups stay competitive.

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