Private Sector Boosts India's Space Economy Under Indian Space Policy-2023

As of January 2026, approximately 1050 private companies have enrolled on IN-SPACe Digital Platform, showcasing their capabilities in the space sector. The Indian Space Policy-2023 facilitates private sector participation across all layers of space activities, including launches, satellite operations, and data services. IN-SPACe's strategic vision aims to propel India's space economy from 8.4 billion USD in 2022 to 44 billion USD by 2033, leveraging commercialization, ecosystem development, and international partnerships.

Source: Original Link

Read more