Private Sector’s Participation in Indian Space Programme

Space-tech Companies in India: As per Space Tech Analytics, India is the sixth-largest player in the industry internationally having 3.6% of the world’s space-tech companies.

Major Country with Space-tech Companies: USA holds the leader’s spot housing 56.4% of all companies in the space-tech ecosystem.

  • Other major players include U.K. (6.5%), Canada (5.3%), China (4.7%) and Germany (4.1%).

Valuation: The Indian Space Industry was valued at $7 billion in 2019 and aspires to grow to $50 billion by 2024.

Schemes & Programs

(IN-SPACe): Indian National Space Promotion and Authorisation Centre (IN-SPACe) was made and was mandated the task of promoting, authorising and licensing private ....

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