📷 Image: Wikimedia Commons / Indian Space Research Organisation
Business
India's Space Economy Expected to Hit $40‑45 Billion by 2037, Says NDTV Profit
✍️ NDTV Profit
🗓 23 Aug 2026, 02:48 PM
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A recent NDTV Profit report projects India's space sector to be worth between $40 billion and $45 billion by 2037.
A report published by NDTV Profit forecasts that the Indian space economy could be valued at between $40 billion and $45 billion by the year 2037. The projection reflects a long‑term outlook on the sector’s growth trajectory, taking into account both government initiatives and emerging private‑sector participation.
Industry observers note that the expansion is likely to be driven by a rise in commercial satellite launches, growing demand for satellite‑based services, and increasing collaboration with international partners. These trends are expected to broaden revenue streams beyond traditional defence and scientific missions.
If realised, the projected market size would place India among the top global space economies, potentially generating significant employment opportunities and attracting further investment in research, manufacturing and ancillary services.
The estimate underscores the strategic emphasis placed by policymakers on nurturing a robust space ecosystem, aiming to translate technological capability into measurable economic output over the next decade and a half.
Industry observers note that the expansion is likely to be driven by a rise in commercial satellite launches, growing demand for satellite‑based services, and increasing collaboration with international partners. These trends are expected to broaden revenue streams beyond traditional defence and scientific missions.
If realised, the projected market size would place India among the top global space economies, potentially generating significant employment opportunities and attracting further investment in research, manufacturing and ancillary services.
The estimate underscores the strategic emphasis placed by policymakers on nurturing a robust space ecosystem, aiming to translate technological capability into measurable economic output over the next decade and a half.