India’s New Space Policy : Boosting Space Economy through Private Sector Participation - By Sharmila Senthil Kumar

The Indian Space Sector is one of the rapidly growing industries in the world with more investment opportunities. Now, it has opened its economy to the private sector with the vision of becoming a major player in the global space market. The Indian space economy is expected to reach US$12.8466 billion by 2025, according to a joint report by Ernst & Young (EY) and the Indian Space Association (ISpA), the primary industry organisation founded to represent the Indian space industry as a whole.

The Government of India unleashed reforms in space domain in 2020, opening the doors for enhanced participation of ....

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