Antariksh Venture Capital Fund, India's first dedicated VC fund for the space sector, approved by the Union Cabinet in October 2024 with a Rs.1,005 crore corpus and SIDBI Venture Capital Limited as investment manager; operationalised November 2025, first disbursements expected FY2027. FDI policy recalibrated to a graded framework via Cabinet approval on 21 February 2024: up to 100% automatic for components and sub-systems, up to 74% automatic for satellite manufacturing and operation, up to 49% automatic for launch vehicles and spaceports. GST exemption under Entry 19C of Notification 12/2017-Central Tax (Rate) extended from ISRO, Antrix, and NSIL to private launch service providers pursuant to the 50th GST Council meeting on 11 July 2023.
Triple regulatory intervention removing capital, ownership, and fiscal barriers. India's space ecosystem now has 300+ active startups.