What Happened
India Poised To Become Major Player In Global Aerospace Sector
India’s aerospace industry is expected to grow twice as fast as the global market, with the sector currently valued at $13 billion and forecast to reach $40 billion by 2030. Private firms are expected to participate in up to 45 launches a year for international customers, and India is likely to emerge as a major exporter of avionics and satellite systems. The sector has seen significant investment, with space tech startups raising nearly $256 million in 2026. This growth was reported by an unknown source.