The Indian government has unveiled a new regulatory framework aimed at fostering joint ventures (JVs) in the country’s space sector, marking a significant policy shift to open up this high-potential domain to broader participation from private industry. Spearheaded by the Indian National Space Promotion and Authorization Center (IN-SPACe), the framework lays out comprehensive rules for collaboration between Indian private companies and both domestic and foreign partners. The initiative seeks to enhance India’s capabilities in satellite manufacturing, launch vehicle development, space-based applications, and exploration technologies through strategic alliances.

Under the new guidelines, joint ventures are now permitted to undertake activities that were traditionally within the purview of ISRO (Indian Space Research Organisation), provided they meet stringent compliance, security clearance, and technical qualification requirements. The regulatory model includes licensing provisions, IPR protection, and access to government-owned infrastructure, such as testing facilities and satellite launch services. Moreover, the framework prioritizes JVs that commit to technology development, domestic R&D investment, and capacity-building initiatives. Special incentives are being considered for ventures that align with national space missions or provide critical services to public sector projects.This regulatory shift underscores India’s commitment to transforming its space economy into a collaborative, innovation-driven ecosystem. The inclusion of joint ventures is expected to draw both foreign direct investment and indigenous innovation, enabling rapid advancement in space technologies and services. By creating a transparent and facilitative policy environment, the government aims to position India as a competitive player in the global space industry while simultaneously boosting employment, scientific advancement, and strategic autonomy in space-based infrastructure.