Chandrayaan-3 success encourages startups for space sector: Nambi Narayanan

The historic success of ISRO's Chandrayaan-3 mission to the Moon has captured the attention of several startups to tap the Indian space sector, said former ISRO scientist Nambi Narayanan.

Tamil Nadu Minister for Industries TRB Rajaa said the achievements of space scientists and Indian Space Research Organisation (ISRO) should be celebrated.

Rajaa and former ISRO scientist Nambi Narayanan took part in the launch of space technology accelerator "Vaanam" (Tamil word meaning sky) backed by its co-founders Sameer Bharat Ram and Hariharan Vedamurthy, on Wednesday.

The space tech aims to nurture startups in the space sector by offering its expertise including seed fundings among others.

"We are evaluating about 6 startups this year (to offer its expertise)", Ram said.

According to him, the Indian space economy pegged at USD 13 billion is expected to touch USD 44 billion in 10 years.

Ram said Nambi Narayanan and actor Madhavan, who played the role of Narayanan himself, in the multilingua