India focuses on affordable satellite launches and data services targeting $14.54Bn commercial space market by 2031, leveraging small satellites and data analysis.

India is positioning itself in the commercial space sector by focusing on affordable satellite launches and data services, aiming for markets valued at $14.54 billion and $45 billion by 2031 and 2030, respectively. The strategy emphasizes small satellites and data analysis to serve industries like communications and agriculture. With a newly opened space sector and $119 million in venture funding, Indian startups are poised to capitalize on these opportunities, leveraging the country’s data expertise.

October 14, 2024
14 Articles