Indian Spacetech Startup Landscape & Market Opportunity Report 2023

Indian Spacetech Startup Landscape & Market Opportunity Report 2023

The Indian Spacetech sector is experiencing rapid growth, with projections indicating that the total market opportunity could reach over $77…

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Indian Spacetech Startup Landscape & Market Opportunity Report 2023

Quoted & Trusted By

the economist
business insider
cb insights
the huffington post
the economic times
live mint
the times of india

Key Highlights

$77 Bn+

Estimated Spacetech Market Opportunity By 2030


Indian Spacetech Industry Will Be Driven By The Downstream Segment

$285 Mn+

Total Funding In Spacetech Startups In 2022


Spacetech Startups In India

Table Of Contents

  • Spacetech In India: Key Highlights
  • India In Space: Key Milestones Since 1960s
  • Global Spacetech Ecosystem: India VS China, The US & Russia
  • India’s $77 Bn+ Spacetech Opportunity
  • India’s Downstream Market Opportunity & Key Applications
  • India's Spacetech Evolution
  • India’s Spacetech Landscape
  • Indian Spacetech Startups: Key Players
  • Spacetech Investors In India
  • Spacetech In India: Key Government Policies Aiming Towards Privatisation
  • Key Custodians Of The Indian Space Ecosystem
  • Indian Spacetech Market’s Supply Chain Ecosystem: An Overview
  • MSMEs: The Backbone Of Indian Space Tech Supply Chain
  • Spacetech In India: Key Challenges


India's spacetech sector is poised for impressive growth. Already, over 150 startups have collectively raised more than $285 Mn+. The industry is estimated to be worth $77 Bn+ by 2030, with related opportunities adding another $52 Bn. The Indian Space Research Organisation (ISRO) plays a crucial role in this upward trend. However, the sector isn't without challenges. Limited early-stage funding, inadequate infrastructure, and other complications need to be addressed for the industry to reach its full potential.

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