Indian space industry's meteoric rise in 2023 sets stage for stellar 2024
11 months, 1 week ago

Indian space industry's meteoric rise in 2023 sets stage for stellar 2024

India Today  

2023 was a marvelous year for the Indian Space Industry with the successful launch of Chandrayaan-3 and the Aditya-L1, India’s first solar mission. Indian space startups have become a strong pillar for the private space industry in the last decade, especially after the landmark decision to open the Indian space sector to private companies by Prime Minister Narendra Modi in 2020. Indian space companies and startups anticipate receiving firm orders from the defense sector this year, reflecting the growing synergy between the private sector and government entities like IN-SPACe released the Expression of Interest for transferring the technology for producing Small Satellite Launch Vehicle by industry. As the private space sector in India propels forward with unprecedented collaborations, groundbreaking launches, and visionary policies, the Indian private space industry is set for a revolution in 2024.

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