India has recently relaxed foreign direct investment (FDI) norms in the space sector. This policy, designed to strengthen India’s position as a global space leader, had a significant impact on this year’s Bengaluru Space Expo (BSX) 2024.
The 8th edition of the Bengaluru Space Expo 2024 held at the Bengaluru International Exhibition Centre from September 18-20 and our colleague Rupal Sheth participated in the event and had the chance to connect with industry experts, diplomats, and delegates from across the globe.
With the presence of diverse delegations, notable companies and country sessions the event showcased the global landscape of the space sector and India’s growing role as a hub for New Space companies. They also outlined key government initiatives supporting space tech growth, including the Elevate programme and synergistic policies.
The participation of diplomats added international perspectives, enriching conversations on potential collaborations, recent developments in India’s space sector, and how SAS Partners can help space companies establish their presence in India.