India's space sector: A launchpad for global partnerships

This philosophy continues to resonate with countries in the Global South. India has achieved significant milestones, including the Chandrayaan missions, the Mars Orbiter Mission, and the Aditya-L1 solar observatory, demonstrating its capability for sophisticated and cost-effective space missions. The global space economy is rapidly expanding, projected to reach US$1.8 trillion by 2035, with a growing demand for reliable long-term partners rather than just launch providers.

India's liberalized space sector, with entities like the Indian National Space Promotion and Authorisation Centre IN-SPACe and private companies such as Skyroot Aerospace, Pixxel, and Agnikul Cosmos, is attracting global investment. India aims to offer comprehensive partnerships, including satellite design, launch services, and astronaut training, particularly to countries in the Global South and Indo-Pacific. India has also shown diplomatic value through initiatives like the South Asia Satellite and participation in the Artemis Accords.

To maintain momentum, India needs faster regulatory approvals, increased venture capital access, stronger intellectual property protection, and collaboration among research institutions, industry, and academia. India is also positioned