India’s Space Industry Skyrockets: From ISRO’s Legacy to a $77 Billion Future
India’s space economy reached $13 billion in 2023 and is projected to hit $77 billion by 2030, driven by policy reforms and a surge in private investment. The 2023 Indian Space Policy opened the sector to private firms, leading to over 200 startups and landmark launches like Skyroot’s Vikram-S rocket in 2022. Satellite services are expected to generate nearly half of future revenue.