India's space industry grows with government reforms, private investments, and new spaceport launches.

In 2024, India's space industry saw significant growth due to government reforms and private partnerships, including a liberal Foreign Direct Investment policy and a Rs 1,000 crore venture capitalist fund. Key developments included the launch of a second spaceport and initiatives to build Earth observation satellites. The sector is poised for further growth in 2025, with private firms playing a larger role in space exploration and satellite services.

3 months ago
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