What Happened
Private Sector Participation In Space Activities Gains Momentum
India’s space sector is experiencing rapid growth, with around 440 space technology startups and private investment rising nearly six-fold to $618.5 million by March 2026. The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has granted 113 authorisations to 52 Non-Government Entities, including 18 startups, to carry out various space activities. Two commercial rockets are proposed to be launched by Indian private companies in FY 26-27. This development was reported by Business Standard.