Indian spacetech industry shoots for the stars

Private companies are reshaping India’s space ambitions, building rockets and satellites as the country pushes to capture a bigger share of the global space economy.

Since opening the sector to private players in 2020, India has become home to more than 400 space startups, attracting upwards of $500 million in investment, including $150 million in the last year alone.

For entrepreneurs such as Skyroot Aerospace co-founder Pawan Chandana, the transformation is reaching a critical moment.