India’s space program has always been known for doing more with less—but now, with satellite demand rising and private sector interest growing, the country is putting more money behind its ambitions.
The Department of Space secured ₹13,416 crore in the 2025-26 Union Budget, a small increase from last year’s ₹13,042 crore.
But the bigger shift here is that the government is setting up a ₹1,000 crore venture capital fund to bring more private players into the space industry. For decades, India’s space sector was state-run and mission-focused. Now, the push toward commercialization and private investment is opening new opportunities.
The timing makes sense. The global satellite market is expanding fast, with Starlink, Amazon’s Kuiper, and European players ramping up deployments. India has the launch capabilities, technical expertise, and a track record of efficiency, but capital has been a constraint.
With more investment, India could scale up satellite manufacturing, commercial launches, and deep-space programs.
The space economy is projected to hit $1 trillion by 2040, and India is making moves to secure its place.
