What Happened
Indian Talent Drives Space Tech Surge Towards 2030 Valuation
India’s aerospace industry is poised for rapid growth, driven by state-backed reforms, rising private capital, and collaboration with the Indian Space Research Organisation (ISRO). The sector is currently valued at $13 billion and is forecast to reach $40 billion by 2030, with private firms expected to participate in up to 45 launches a year for international customers. India is also likely to emerge as a major exporter of avionics and satellite systems. This report was published from a syndicated wire feed, as reported by Unknown Source.