Author: Dr Subba Rao Pavuluri

India is one of the world’s top spacefaring nations. It is the first Asian country to reach Mars orbit, and the fourth on the planet to take a spacecraft to the moon, landing closer to the south pole, known for its cratered terrain, than anyone else had at the time. For decades, the global space market has been dominated by major players like the US, Europe, and China. However, a transformative force is emerging: The Indian space industry. Once a subdued participant, India’s space sector is now surging onto the global stage, challenging established giants with its cost effectiveness, agility,…

India is mirroring the trajectory of paving the way as many private players are leading the charge to commercialise India’s space sector and bolster its status as a space superpower. Prime Minister Narendra Modi has emphasized the need for bold reforms to make India self-reliant in space technology. His vision includes leveraging the private sector’s potential to drive innovation and growth in the space sector. The Prime Minister’s call for a self-reliant India (Atmanirbhar Bharat) underscores the importance of creating a conducive environment for private companies to thrive and contribute to national development. As India aims to expand its share…