GlobeVerge
INDIA
India’s space economy projected to reach $40-45 billion over next decade
India’s space economy has reached $9 billion and could grow to $40–45 billion over the next decade, driven by startups, private investment and policy reforms. Space startups have surged to around 440, while liberalised FDI and government funding strengthen private participation
GlobeSignal-AImedium certainty
- Why it matters
- A larger Indian space economy creates more contracts and employment in satellite, launch and data services, alongside foreign investment inflows.
- Most affected
- Indian space startups and contractors — Access to expanded government contracts and private capital over the decade.
Foreign investors in space technology — Liberalised FDI rules open Indian space sector to direct investment. - Likely next
- Whether private space venture funding rounds and government contracts actually materialise at the pace this projection assumes.
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