What Happened
Private Sector Growth Drives Ambitious Space Launch Targets
India is aiming to launch 50 space missions annually by 2030, driven by private sector growth and the development of small satellite launch vehicles. According to Pawan Goenka, chairman of IN-SPACe, Indian space startups are already winning orders from outside India, and the country is poised to become a major player in the global space industry. With a focus on commercial launches and increasing domestic and international funding, India’s space sector is expected to experience significant growth, as reported by Forbes India.