Archive

India’s New-Age Space Technologies and Space Sector Development

India’s space programme is moving beyond traditional applications such as telecommunications, weather forecasting, and satellite-based services towards advanced space exploration, reusable launch vehicles, human spaceflight, and commercial space activities. The development of new technologies by the Indian Space Research Organisation (ISRO), along with increasing private sector participation, is strengthening India’s technological capabilities, strategic independence, and position in the global space economy.

1. India’s space startup ecosystem has grown from just one startup in 2014 to more than 400 startups in 2026 following major space sector reforms.

2. India’s space economy is currently valued at about USD 8.4 billion and is projected to reach USD 40–45 billion by 2030, with a target of USD 100 billion by 2040.