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ISRO: American newspaper praised Indian space programs, said- India started with bicycle

Pankaj Prasad
ISRO
ISRO

Addressing India as a space power, NYT said that cooperation to reach all areas of space was also discussed in the meeting of PM Modi and Biden.

America's most prestigious newspaper New York Times (NYT) praised India's space programs. NYT said that India is currently home to around 140 startups. India can soon compete with China.

Rockets were carried on a bicycle

NYT said that when India launched its rocket for the first time in 1963, India was the most backward and poorest country in the world. The rocket was carried on a bicycle to the launch pad. But today India has gained a lot of strength in space programs. In an article titled The Surprising Striver in the World's Space Business, the newspaper said that India is home to at least 140 registered space technology startups.

Russia's space program stalled

Addressing India as a space power, NYT said that cooperation to reach all areas of space was also discussed in the meeting of PM Modi and Biden. America believes that India can soon compete with China in space programs. Russia and China offered to launch rockets at low cost. But Russia's space program stalled due to the Ukraine war. It also caused a loss of US$230 million to UK's OneWeb. After this OneWeb was sent to ISRO.

Raises US$120 million from fresh investment

NYT said in its report that in 2020, Prime Minister Narendra Modi announced the opening of all types of private enterprises for the space sector. Space startups in India last year raised US$120 million in fresh investments. The report also mentions Hyderabad-based Sky Route and Dhruv Space. The NYT said both companies are doing attractive things. The two companies together contribute to eight per cent of India's space business.

Sky Route compared with SpaceX

Pawan Kumar Chandna, co-founder and CEO of Sky Route Aerospace, said, “We are like a cab, which charges more for smaller payloads. Whereas, Elon Musk's Space X works as a train or a bus. They pick up all their passengers and take them to their destinations.