Discover India's growing role in space at NYSBR's "India Rising." Explore the shift from ISRO-led efforts to a thriving commercial ecosystem—and how businesses are engaging globally.
India is rapidly transforming its space sector, moving from a government-led model dominated by ISRO to a new era of public-private collaboration and global engagement. Recent policy reforms—including liberalized FDI caps, the launch of IN-SPACe as a commercial regulator, and the Indian Space Policy 2023—are opening doors for private enterprise and international investment. At the same time, Indian companies are stepping into global supply chains, developing satellite constellations, launch vehicles, and Earth observation capabilities that are redefining India's position in the global space economy. Yet, foreign participation still requires careful navigation of regulatory, legal, and strategic frameworks shaped by India's evolving priorities.
This session of the New York Space Business Roundtable brings together leaders from Pixxel, Dhruva Space, TMT Law Practice, VegaMX, the US-India Business Council, and others for a candid conversation about opportunity, access, and alignment. Our first session will be informative, lively, and engaging, welcoming both in-person and online audiences. But you'll want to be in the room for the second half, when we shift to a Chatham House Rules format for an off-the-record discussion of the real opportunities and challenges in navigating India's space market.
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IN-PERSON: Chatham House Rules: IS India Rising?
Jay Gullish•Abhishek Malhotra•Vivek Mital•Aakash ParekhWednesday, May 21, 2025
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IN-PERSON: India Rising
Speakers
Jay Gullish
Executive Director, Digital Policy of U.S.-India Business Council (USIBC)
Abhishek Malhotra
Senior Advocate at Chamber of Abhishek Malhotra Senior AdvocateAbhishek Malhotra is a member of the Bar Councils of Delhi and California. He has 25 years of experience in representing clients in the technology, media and telecommunications sectors. His primary areas of expertise include intellectual property, commercial dispute resolution, and policy and regulatory advisory. He has advised clients in minimizing legal risks and devising strategies for safeguarding against civil and criminal liability. Mr Malhotra is a principal advisor on various policy think tanks and is regularly invited to speak on emerging issues and regulatory changes in the TMT space, including the recent Telecommunications Bill, Information Technology Rules, 2022, Data Protection Bill, Web 3.0 policy concerns, Telemedicine Guidelines, 2020. He is recognized as the “go to” professional for issues across broadcasting, music, satellite communications, online gaming and e-sports.
Vivek Mital
CEO of VegaMX Inc.Vivek is a strategically oriented business executive with a diverse background spanning finance, capital markets, aerospace, and defense, having held leadership roles at investment banks, consulting firms, and fast-growing startups, some of which achieved unicorn status. With an education in physics and financial engineering, he excels in organizational management, team building, and troubleshooting, applying his expertise to deploy advanced AI/ML sensor networks for applications in climate-smart agriculture, disaster management, and defense ISR, while integrating financial solutions like crop loans and compliance. His first 15 years were spent in high-stakes environments—ranging from derivative products to regulatory frameworks such as Basel and Dodd-Frank—which complement his experience with trading, risk management, and price valuation platforms. Additionally, Vivek is an avid mountaineer and a NYPD auxiliary cop, blending analytical rigor with a passion for adventure.
Aakash Parekh
Chief Commercial Officer at PixxelONLINE: India Rising
VIA Zoom
Speakers
Jay Gullish
Executive Director, Digital Policy of U.S.-India Business Council (USIBC)Abhishek Malhotra
Senior Advocate at Chamber of Abhishek Malhotra Senior AdvocateAbhishek Malhotra is a member of the Bar Councils of Delhi and California. He has 25 years of experience in representing clients in the technology, media and telecommunications sectors. His primary areas of expertise include intellectual property, commercial dispute resolution, and policy and regulatory advisory. He has advised clients in minimizing legal risks and devising strategies for safeguarding against civil and criminal liability. Mr Malhotra is a principal advisor on various policy think tanks and is regularly invited to speak on emerging issues and regulatory changes in the TMT space, including the recent Telecommunications Bill, Information Technology Rules, 2022, Data Protection Bill, Web 3.0 policy concerns, Telemedicine Guidelines, 2020. He is recognized as the “go to” professional for issues across broadcasting, music, satellite communications, online gaming and e-sports.
Vivek Mital
CEO of VegaMX Inc.Vivek is a strategically oriented business executive with a diverse background spanning finance, capital markets, aerospace, and defense, having held leadership roles at investment banks, consulting firms, and fast-growing startups, some of which achieved unicorn status. With an education in physics and financial engineering, he excels in organizational management, team building, and troubleshooting, applying his expertise to deploy advanced AI/ML sensor networks for applications in climate-smart agriculture, disaster management, and defense ISR, while integrating financial solutions like crop loans and compliance. His first 15 years were spent in high-stakes environments—ranging from derivative products to regulatory frameworks such as Basel and Dodd-Frank—which complement his experience with trading, risk management, and price valuation platforms. Additionally, Vivek is an avid mountaineer and a NYPD auxiliary cop, blending analytical rigor with a passion for adventure.
Aakash Parekh
Chief Commercial Officer at PixxelIN-PERSON: Chatham House Rules: IS India Rising?
Speakers
Jay Gullish
Executive Director, Digital Policy of U.S.-India Business Council (USIBC)Abhishek Malhotra
Senior Advocate at Chamber of Abhishek Malhotra Senior AdvocateAbhishek Malhotra is a member of the Bar Councils of Delhi and California. He has 25 years of experience in representing clients in the technology, media and telecommunications sectors. His primary areas of expertise include intellectual property, commercial dispute resolution, and policy and regulatory advisory. He has advised clients in minimizing legal risks and devising strategies for safeguarding against civil and criminal liability. Mr Malhotra is a principal advisor on various policy think tanks and is regularly invited to speak on emerging issues and regulatory changes in the TMT space, including the recent Telecommunications Bill, Information Technology Rules, 2022, Data Protection Bill, Web 3.0 policy concerns, Telemedicine Guidelines, 2020. He is recognized as the “go to” professional for issues across broadcasting, music, satellite communications, online gaming and e-sports.
Vivek Mital
CEO of VegaMX Inc.Vivek is a strategically oriented business executive with a diverse background spanning finance, capital markets, aerospace, and defense, having held leadership roles at investment banks, consulting firms, and fast-growing startups, some of which achieved unicorn status. With an education in physics and financial engineering, he excels in organizational management, team building, and troubleshooting, applying his expertise to deploy advanced AI/ML sensor networks for applications in climate-smart agriculture, disaster management, and defense ISR, while integrating financial solutions like crop loans and compliance. His first 15 years were spent in high-stakes environments—ranging from derivative products to regulatory frameworks such as Basel and Dodd-Frank—which complement his experience with trading, risk management, and price valuation platforms. Additionally, Vivek is an avid mountaineer and a NYPD auxiliary cop, blending analytical rigor with a passion for adventure.
Aakash Parekh
Chief Commercial Officer at PixxelSPONSORS ONLINE ONLY - Chatham House Rules
Speakers
Jay Gullish
Executive Director, Digital Policy of U.S.-India Business Council (USIBC)Abhishek Malhotra
Senior Advocate at Chamber of Abhishek Malhotra Senior AdvocateAbhishek Malhotra is a member of the Bar Councils of Delhi and California. He has 25 years of experience in representing clients in the technology, media and telecommunications sectors. His primary areas of expertise include intellectual property, commercial dispute resolution, and policy and regulatory advisory. He has advised clients in minimizing legal risks and devising strategies for safeguarding against civil and criminal liability. Mr Malhotra is a principal advisor on various policy think tanks and is regularly invited to speak on emerging issues and regulatory changes in the TMT space, including the recent Telecommunications Bill, Information Technology Rules, 2022, Data Protection Bill, Web 3.0 policy concerns, Telemedicine Guidelines, 2020. He is recognized as the “go to” professional for issues across broadcasting, music, satellite communications, online gaming and e-sports.
Vivek Mital
CEO of VegaMX Inc.Vivek is a strategically oriented business executive with a diverse background spanning finance, capital markets, aerospace, and defense, having held leadership roles at investment banks, consulting firms, and fast-growing startups, some of which achieved unicorn status. With an education in physics and financial engineering, he excels in organizational management, team building, and troubleshooting, applying his expertise to deploy advanced AI/ML sensor networks for applications in climate-smart agriculture, disaster management, and defense ISR, while integrating financial solutions like crop loans and compliance. His first 15 years were spent in high-stakes environments—ranging from derivative products to regulatory frameworks such as Basel and Dodd-Frank—which complement his experience with trading, risk management, and price valuation platforms. Additionally, Vivek is an avid mountaineer and a NYPD auxiliary cop, blending analytical rigor with a passion for adventure.
Aakash Parekh
Chief Commercial Officer at PixxelSpeakers
Jay Gullish
Executive Director, Digital Policy of U.S.-India Business Council (USIBC)
More Information
Abhishek
Malhotra
Senior Advocate at Chamber of Abhishek Malhotra Senior Advocate
Abhishek Malhotra is a member of the Bar Councils of Delhi and California. He has 25 years of experience in representing clients in the technology, media and telecommunications sectors. His primary areas of expertise include intellectual property, commercial dispute resolution, and policy and regulatory advisory. He has advised clients in minimizing legal risks and devising strategies for safeguarding against civil and criminal liability. Mr Malhotra is a principal advisor on various policy think tanks and is regularly invited to speak on emerging issues and regulatory changes in the TMT space, including the recent Telecommunications Bill, Information Technology Rules, 2022, Data Protection Bill, Web 3.0 policy concerns, Telemedicine Guidelines, 2020. He is recognized as the “go to” professional for issues across broadcasting, music, satellite communications, online gaming and e-sports.
Vivek Mital
CEO of VegaMX Inc.
Vivek is a strategically oriented business executive with a diverse background spanning finance, capital markets, aerospace, and defense, having held leadership roles at investment banks, consulting firms, and fast-growing startups, some of which achieved unicorn status. With an education in physics and financial engineering, he excels in organizational management, team building, and troubleshooting, applying his expertise to deploy advanced AI/ML sensor networks for applications in climate-smart agriculture, disaster management, and defense ISR, while integrating financial solutions like crop loans and compliance. His first 15 years were spent in high-stakes environments—ranging from derivative products to regulatory frameworks such as Basel and Dodd-Frank—which complement his experience with trading, risk management, and price valuation platforms. Additionally, Vivek is an avid mountaineer and a NYPD auxiliary cop, blending analytical rigor with a passion for adventure.
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