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India set to rank third in global space-tech economy by 2030

India's space economy is projected to grow from $13 billion today to $40 billion by 2030, making it the world's third-largest space-tech market.

India set to rank third in global space-tech economy by 2030
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Amaravati, January 24, 2026: India's space sector stands poised for explosive growth, with projections placing the nation as the third-largest space-tech economy globally by 2030.

According to a recent analysis by venture firm Arkam Ventures, the industry will reach $40 billion, expanding at twice the global rate.

This surge builds on current momentum: the sector already values $13 billion, fueled by over 300 startups in satellite manufacturing, launch services, earth observation, and in-space solutions.

Private capital has flooded in since recent policy reforms, with more than two-thirds of investments arriving in the last five years. Experts forecast $3–5 billion more in VC and PE funds soon, enabling Indian firms to capture global markets.

Five domestic companies could rank among the world's top 10 in key areas like vehicle launches and space debris handling. Private players may conduct 40–45 launches yearly for international clients and produce one-third of global Earth observation satellites.

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