News18 | ‘Catching’ Innovation: What India Can Learn From SpaceX’s Latest Triumph

Embrace risk, support long-term thinking, and create ecosystems that turn ambitious dreams into reality.

What would an Indian SpaceX look like? Perhaps it’s not in space at all, but in renewable energy, biotechnology, or quantum computing. The key is that ambitious innovators need an environment where they can take big risks, fail fast, and keep pushing boundaries. This means rethinking everything, from our bankruptcy laws to our education system. We need to transform India’s innovation ecosystem from a permission-based system to a performance-based one, and move away from subjective approvals to objective criteria, much like how SpaceX operates under clear FAA guidelines rather than case-by-case permissions.

By Arindam Goswami and Ashwin Prasad

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