India Must Build Its Space Tech Companies The Way NASA Built SpaceX

by · Inc42

SUMMARY

  • India today has more than 400 space tech startups, world-class engineering, and a comprehensive policy framework in place since 2023. The ecosystem recently announced India’s first space tech unicorn
  • The country has a Decadal Policy Vision, a ₹1 Lakh Cr R&D grants fund, and a ₹26,968 Cr SBS Phase 3 programme that proves the model works at scale
  • What India has not yet built is the procurement infrastructure that turned SpaceX into a category leader. Fixing that gap is essential for Indian space tech to realise its potential