News › Markets  ·  27 Aug 2026, 11:08 AM IST  ·  5 days ago

India’s space economy may grow 5x to $45 billion by 2030. Who is leading the boom?

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In one line — India’s private space sector is shifting from prototypes to commercial operations, with the government targeting a fivefold expansion of the space economy to $40–45 billion by 2030. The startup ecosystem has grown to ove

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Source: Economic Times · AI-summarised by Anadi · Updated 27 Aug 2026, 11:26 AM IST

What Happened

India’s private space sector is shifting from prototypes to commercial operations, with the government targeting a fivefold expansion of the space economy to $40–45 billion by 2030. The startup ecosystem has grown to over 400 companies, with Skyroot Aerospace, Pixxel, Agnikul Cosmos and Digantara emerging as key private players.