As of January 29, 2026, approximately 1050 private companies have provided their capabilities on the IN-SPACe Digital Platform (IDP) for various space activities. The Indian Space Policy-2023 enables private entities to conduct end-to-end space activities, including launches, satellite operations, data acquisition, and ground stations. A total of ₹2.36 Cr has been dispersed under the IN-SPACe Seed fund and Preincubation Entrepreneurship Program. IN-SPACe's Decadal Vision Report outlines a 10-year roadmap to grow India's Space Economy from $8.4 billion USD in 2022 to $44 billion USD by 2033, including $11 billion USD in exports, focusing on Revenue Generation, Ecosystem Development, and Catalysing the space domain. Revenue Generation will be achieved through the commercialization of launch services, satellite/ground operations, Earth observation, Satellite Communication, Satellite Navigation, and the in-orbit economy. The space economy is being catalysed through demand generation, international collaboration, and promotion of space culture. The release ID is 2220035, and the visitor count is 451. This release is available in Tamil, Urdu, and Hindi.
Key Entities Referenced
Indian Space Policy-2023: Enables and permits private entities to carry out end-to-end space activities.
IN-SPACe: Author of Decadal Vision Report and breaking down the vision into a Decadal Vision Strategy.
IN-SPACe Seed fund and Preincubation Entrepreneurship Program: Scheme disbursing funds to private entities.
IN-SPACE Digital Platform (IDP): Platform where private companies provide capabilities for space activities.
Department of Space: Releasing the document.
Department of Space
PARLIAMENT QUESTION: PRIVATE SECTOR
PARTICIPATION IN SPACE ECONOMY
प्रव तथ: 29 JAN 2026 2:30PM by PIB Delhi
As on date, the total number of private companies which have provided their capabilities on IN-SPACe
Digital Platform (IDP) for various space activities is approximately 1050.
The Indian Space Policy-2023 enables and permits the private entities to carry out end to end space
activities including undertaking launches, satellites realization and operations, data acquisitions and
dissemination, ground stations, etc.
Till now a total of ₹2.36 Cr fund dispersed under IN-SPACe Seed fund and Preincubation
Entrepreneurship Program.
IN-SPACe’s Decadal Vision Report provides a 10-year roadmap to grow India’s Space Economy from 8.4
Bn USD in 2022 to 44 Bn USD by 2033, including USD 11 billion in exports. The Decadal Vision is
anchored on building platforms, creating an industrial ecosystem, enabling industry, and international
outreach. IN-SPACe has broken down this vision to a Decadal Vision Strategy founded on the three pillars
focusing on Revenue Generation, Ecosystem Development and Catalysing the space domain activities.
Revenue Generation would be achieved through commercialization of launch services, satellite/ground
operations, Earth observation, Satellite Communication, Satellite Navigation and the in-orbit economy.
The Space Economy is being catalysed through targeted efforts on demand generation, international
collaboration and promotion of space culture to expand markets, promote customer adoption, enabling
industry to scale services and exports.
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NKR/AV
(रलीज़ आईडी: 2220035) आगंतुक पटल : 451
इस वज्ञ को इन भाषाओ ंम पढ़: Tamil , Urdu , ही