IN-SPACe’s Technology Adoption Fund will fast-track commercialisation of space innovations, says Pawan Goenka

The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has launched the Technology Adoption Fund, an initiative aimed at strengthening India’s space technology capabilities.

With a corpus of ₹500 crore, the fund is designed to bridge a crucial gap in technology development — transitioning early-stage innovations from academia and research institutions into commercially viable products.

Speaking to CNBC-TV18, Pawan Goenka, Chairman of IN-SPACe, highlighted the key challenge that the fund seeks to address. “If you look at technology…