Page 26 - Mann Ki Baat English
P. 26

While    space    startups    facilities,  and  engage    in
        elsewhere    accounted     for    dialogue before a startup had
        ‘regulatory   risk,’   in   India,   established commercial strength
        regulations became the wind in    demonstrated trust that went
        the sails.                        beyond policy documents. That
            The willingness to grant      trust becomes self-fulfilling.
        licenses,   provide    testing        At  Skyroot,  this  ecosystem
                                          made    tangible   differences.
                                          We could attract aerospace
                                          engineers  who   saw   private
                                          space as a credible career path.
                                          We found investors willing to
                                          back  deep-tech  ventures  with
                                          long horizons. We accessed
                                          ISRO's testing facilities that would
                                          have taken decades and billions
                                          to build independently. Perhaps
                                          most crucially, we received
                                          regulatory clarity at each stage.
                                              When   we   engage    with
                                          international satellite operators
                                          or global investors, we see this
                                          confidence  India  has  placed  in
                                          its startups translate directly into
                                          confidence  global  companies
                                          have in Indian startups.

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