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India boosts space budget 2% for 2026-27, focusing on hardware, missions, and private sector growth.
India’s space sector received a 2% budget increase for 2026-27, with the Department of Space allocated ₹13,705.63 crore, including a nearly ₹1,066 crore rise in capital spending to ₹6,375.92 crore, signaling a shift toward hardware development.
Space sciences funding surged to ₹569.76 crore—nearly triple the previous year—supporting planetary missions, astrophysics, and upgrades to four major telescope facilities.
The budget also boosts space technology, including the Gaganyaan human spaceflight program and Next Generation Launch Vehicle development, while expanding private sector involvement through IN-SPACe and NSIL.
Despite the increase, industry leaders note the absence of targeted incentives like GST rationalization or a production-linked incentive scheme, limiting transformative impact.
India aumenta el presupuesto espacial 2% para 2026-27, centrándose en el hardware, las misiones y el crecimiento del sector privado.