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India Reaches Red Planet, But at Home Red Tape Binds Space Firms

As India celebrated becoming the first Asian nation to reach Mars, S.M. Vaidya, head of business at conglomerate Godrej's aerospace division that made the spacecraft's engine and thruster components, sounded surprisingly downbeat. The mission was, indeed, a major achievement, he said, and one of which the state-run Indian Space Research Organization (ISRO) should be proud. But a single trip to Mars was not enough to sustain a...

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