India's Space Economy May Reach USD 40-45 Billion in 7–8 Years, Private Investment Key: Jitendra Singh

India's Space Economy May Reach USD 40-45 Billion in 7–8 Years, Private Investment Key: Jitendra Singh

Get latest articles and stories on Business at LatestLY. India's space economy is expected to grow from around USD 9 billion to USD 40–45 billion over the next seven to eight years, Union Minister of State for Space Jitendra Singh said on Saturday, stressing that greater private investment, faster regulatory approvals and sustained commercial demand would be key to achieving this growth. Business News | India's Space Economy May Reach USD 40-45 …

India's Space Industry Could Reach $45 Billion by 2030 on Commercialisation, Policy Reforms: Report

– Advertisement – New Delhi, October 17, 2026 (Yes Punjab News) India's space industry could expand to $40–45 billion by 2030, driven by policy reforms, rising private-sector participation and the commercialization of space activities, according to a report by Tanzania-based The Guardian. The report estimated India's space economy at around $8.4 billion, a relatively modest share of the global market, but said the sector was positioned for signi…

India’s Space Industry Could Reach $45 Billion by 2030 on Commercialisation, Policy Reforms: Report

New Delhi, October 17, 2026 (Yes Punjab News) India’s space industry could expand to $40–45 billion by 2030, driven by policy reforms, rising private-sector participation and the commercialisation of space activities, according to a report by Tanzania-based The Guardian. The report estimated India’s space economy at around $8.4 billion, a relatively modest share of the […]

India's space industry to cross $40 billion by 2030 on rapid commercialisation, policy reforms: Report

Digital Desk | New Delhi, Oct 17 (IANS) India’s space sector is undergoing a rapid commercial transformation after policy reforms that have opened the industry to private firms and created a new framework that would allow commercial enterprises to participate across the full spectrum of space activities, a new report has said. The report from Tanzania-based The Guardian said India's space economy, currently valued at nearly $8.4 billion, repre…

India’s space industry to cross $40 billion by 2030 on rapid commercialisation, policy reforms: Report

New Delhi, Oct 17 (SocialNews.XYZ) India’s space sector is undergoing a rapid commercial transformation after policy reforms that have opened the industry to private firms and created a new framework that would allow commercial enterprises to participate across the full spectrum of space activities, a new report has said. The report from Tanzania-based The Guardian said India's space economy, currently valued at nearly $8.4 billion, representing…