NEW DELHI: India is muscling in on the increasingly lucrative business of space, taking advantage of the geopolitical isolation of China and Russia to pitch itself as a reliable alternative to SpaceX.
State-owned NewSpace India Ltd launched three dozen communications satellites last month from an island off the nation’s eastern coast for OneWeb Ltd. The move not only salvaged the UK satellite company’s bid to create a global broadband internet network in the skies, but also signaled India’s ambitions in the sector.