Archive · 18 Nov 2025
India's Spacetech Industry to Grow to $45 Billion by 2035
India's space industry is expected to grow really big in the next 10 years.
It's already worth $8 billion and will reach $45 billion by 2035.
This means more jobs and better lives for people.
The government is working hard to make this happen.
Also, India's first astronaut to go to the International Space Station was honored at a big space event where many important people from around the world came to show their interest in India's space industry.
India's space sector to grow from $8 billion to $45 billion in the next 10 years
Minister Jitendra Singh announced the projection at the India International Space Conclave 2025
70% of India's space-driven applications focus on improving ease of living for citizens
Gp Capt Shubhanshu Shukla, India's first astronaut to the ISS, was felicitated at the event
The event saw growing international interest in India's space sector
- Who
- Jitendra Singh, Minister of State for Science and Technology and Department of Space, and Gp Capt Shubhanshu Shukla
- What
- Announced India's space sector growth projection and was felicitated at the India International Space Conclave 2025
- When
- Recently at the India International Space Conclave 2025
- Where
- New Delhi, India
- Why
- To discuss and promote India's space industry growth and achievements
Proponents of Space Industry Growth
Potential Challenges
Economic Benefits
Proponents of Space Industry Growth
The growth of the space sector will bring more jobs and improve lives.
Potential Challenges
There are concerns about the high cost of space projects and ensuring a return on investment.
- Focus of Space-Driven Applications
- 70% on ease of living for citizens
- Event
- India International Space Conclave 2025
- International Interest
- Growing in India's space sector
