India’s Space Economy May Reach $77 Billion By 2030, Report Says

India's space economy on the move

A bullish Inc42 forecast shows India’s space economy growing more than fivefold in the next seven years.

Credit: Alamy Stock Photo
India’s space economy could reach $77 billion in value by 2030 from $15 billion in 2023, according to a recent report by the Indian media platform Inc42. There are about 150 Indian space startups that as of September had collectively raised $285 million since 2016. About two-thirds of that funding...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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