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LatestStartup And Fundraising 18 October 2026

India's Space Economy Set to Hit $45 Billion Within a Decade

India plans to grow its space sector to $45 billion within 7‑8 years, minister Jitendra Singh says. He cites stronger domestic and foreign investment, clearer demand, faster regulatory clearances and sustainable business models as key drivers, boosting the nation's global space standing.

Minister Jitendra Singh says India's space economy will reach $45 billion in the next 7‑8 years. The projection follows a push for deeper domestic and foreign investment and a faster, clearer regulatory regime. Read the full report.

  • Stronger domestic and foreign investment
  • Predictable demand and sustainable business models
  • Accelerated regulatory clearances
  • Goal to position India as a global space leader

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India's Space Economy Set to Hit $45 Billion Within a Decade | Legal Suvidha