PM Modi Calls for Policy Consistency to Strengthen India’s Space Economy

Prime Minister Narendra Modi, during an interaction with CEOs and founders of space startups, emphasized the importance of trust, policy consistency and government support in strengthening India’s rapidly growing space ecosystem.

"...𝐈 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐰𝐞 𝐬𝐡𝐨𝐮𝐥𝐝 𝐜𝐫𝐞𝐚𝐭𝐞 𝐚𝐧 𝐚𝐮𝐫𝐚 𝐰𝐡𝐞𝐫𝐞 𝐩𝐞𝐨𝐩𝐥𝐞 𝐟𝐫𝐨𝐦 𝐚𝐥𝐥 𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝 𝐟𝐞𝐞𝐥 𝐭𝐡𝐚𝐭 𝐢𝐟 𝐭𝐡𝐞𝐲 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐛𝐮𝐢𝐥𝐝 𝐚 𝐥𝐢𝐟𝐞 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐟𝐢𝐞𝐥𝐝, 𝐭𝐡𝐞𝐲 𝐬𝐡𝐨𝐮𝐥𝐝 𝐜𝐨𝐦𝐞 𝐭𝐨 𝐈𝐧𝐝𝐢𝐚..."… pic.twitter.com/Ix0AP07dzV

— BJP (@BJP4India) August 23, 2026

Addressing the entrepreneurs, PM Modi praised their courage to enter a new and challenging sector and said their decision to place trust in the government was particularly important.

The Prime Minister stressed that government decisions should remain consistent rather than changing frequently. According to him, policy stability gives entrepreneurs the confidence to take risks and invest in emerging technologies.

PM Modi said entrepreneurs understand that mistakes resulting from their own decisions are part of taking risks. However, they should have the assurance that the government will not abandon them when challenges arise.

He said building this sense of trust between the government and entrepreneurs is an important part of India’s effort to develop a stronger and more competitive space economy.

The interaction comes as India continues to expand participation by private companies and startups in space activities, with the government seeking to create a wider ecosystem for innovation, investment and technological development.