Home India Department of Space PARLIAMENT QUESTION: SPACE START-UPS IN INDIA...
Date: 2026-02-11 Category: Press Release State: Union Government Country: India

PARLIAMENT QUESTION: SPACE START-UPS IN INDIA

Issued by Department of Space · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document, posted on February 11, 2026, by PIB Delhi, summarizes the Indian government's efforts to support the growth of space start-ups. It outlines the various schemes, policies, and institutional frameworks implemented to encourage innovation and build a robust space ecosystem. Key highlights include the increase in space start-ups since 2014 and major achievements in the sector. **Key Points / Main Content** * **Growth of Space Start-ups:** * The number of registered space start-ups has increased from 1 in 2014 to over 400 by 2026. * **Government Initiatives & Policies:** * Indian Space Policy (2023) * Liberated FDI Policy (2024) * Norms, Guidelines and Procedures for Authorization (2024) * IN-SPACE Seed Fund Scheme (2023) * IN-SPACE Pre-incubation Entrepreneurship (PIE) Program (2024) * Establishment of Rs. 1000 Cr Venture Capital Fund (2024) * Establishment of Rs. 500 Crores Technology Adoption Fund (TAF) (2025) * Technology Transfer of Small Satellite Launch Vehicle (SSLV) to HAL (2025) * Establishment of Earth Observation (EO) satellite constellation on PPP model (2026) * **Major Achievements:** * Space start-ups have reached over 400 in number. * Investment in space start-ups has surpassed USD 500 million. * Two private sector companies have successfully tested and flown launch vehicles at sub-orbital orbit. * 25 payloads flown/going to fly on PSLV Orbital Experimental Module (POEM) which helps NGE's test and prove the space flightworthiness of their payloads. * 6 Indian Non-Governmental Entities (NGEs) have launched 18 satellites in orbit. * Awarding of the establishment of Earth Observation (EO) satellite constellation on PPP model. * Higher throughput of launch vehicles with the technology transfer of SSLV * 25 number of companies already testing their satellites /subsystems in the real environment of space by taking advantage of platforms like POEM * State government seeing space as a sunrise sector and making proactive policies to encourage companies in this domain through incentive schemes. * Indian space companies slowly beginning to embed in global aerospace and space supply chains. **Impact Analysis** **Space Start-ups:** * **Impact:** Enhanced funding opportunities, easier regulatory frameworks, and increased innovation platforms. * **Action Required:** Utilize the available schemes and infrastructure to develop and test space technologies. **Investors (Venture Capital Firms, etc.):** * **Impact:** Opportunities to invest in promising space ventures. * **Action Required:** Evaluate investment opportunities in the growing Indian space sector. **HAL (Hindustan Aeronautics Limited):** * **Impact:** Benefit from technology transfer of Small Satellite Launch Vehicle (SSLV). * **Action Required:** Prepare for integration of SSLV technology and potential commercialization. **Indian Space Tech Companies:** * **Impact:** Improve global confidence. * **Action Required:** Spur innovation. **State Governments:** * **Impact:** The encouragement of companies through incentive schemes. * **Action Required:** Make proactive policies.

Key Entities Referenced

Department of Space: Indian government department responsible for the Indian space program. Startup India Initiative: Government of India initiative to promote innovation and entrepreneurship. Indian Space Policy: Policy document outlining the framework for space activities in India. IN-SPACE: Indian National Space Promotion and Authorization Centre; regulator for private space activities in India. Liberated FDI Policy: Policy related to Foreign Direct Investment in the Space sector.
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Department of Space PARLIAMENT QUESTION: SPACE START-UPS IN INDIA Posted On: 11 FEB 2026 12:49PM by PIB Delhi The number of registered Space Start-ups have gone up from just 1 in 2014 to more than 400 as on date.After announcement of Startup India Initiative in 2016, with a goal of fostering innovation and building a robust startup ecosystem in the country by providing support, funding and easier regulatory frameworks, there is a magnificent growth in startups related to space domain also. Prominent space startups grown in the country after 2014 are M/s. Pixxel, M/s. Dhruva, M/s. Skyroot Aerospace, M/s. Agnikul Cosmos, M/s. Bellatrix Aerospace etc. Year wise details of the schemes, policies and institutional frameworks implemented by the Governmentto encourage and provide support to space start-ups is as under: Sl. No. Scheme /policy Year 1. Indian Space Policy 2023 2. Liberated FDI Policy 2024 3. Norms, Guidelines and Procedures for Authorization 2024 4. IN-SPACe Seed Fund Scheme 2023 5. IN-SPACe Pre-incubation Entrepreneurship (PIE) Program 2024 6. Establishment of Rs.1000 Cr Venture Capital Fund 2024 7. Establishment of Rs. 500 Crores Technology Adoption Fund (TAF) 2025 8. Technology Transfer of Small Satellite Launch Vehicle (SSLV) to HAL 2025 9. Establishment of Earth Observation (EO) satellite constellation on PPP 2026 model The Government is committed towards the self-reliance in the all the domain of Space Technology, i.e., Up, Down and Mid-stream.The achievements attained are clearly evident, with a significant increase in private sector participation in space domain. However, following are the major achievements attained so far: i. The number of space start-ups reached to more than 400. ii. The investment in space start-ups crossed more than USD 500 million. iii. Two private sector companies tested and flown their launch vehicles at sub orbital orbit in November 2022 and May 2024. iv. A total of 25 payloads flown/going to fly on PSLV Orbital Experimental Module (POEM) which helps NGE’s test and prove the space flightworthiness of their payloads. v. A total of 6 Indian Non-Governmental Entities (NGEs) has launched 18 satellites in orbit. vi. Awarding of the establishment of Earth Observation (EO) satellite constellation on PPP model, will spur innovation and improve global confidence of our Indian space tech companies. vii. Higher throughput of launch vehicles with the technology transfer of SSLV viii. 25 number of companies already testing their satellites /subsystems in the real environment of space by taking advantage of platforms like POEM ix. State government seeing space as a sunrise sector and making proactive policies to encourage companies in this domain through incentive schemes. x. Indian space companies slowly beginning to embed in global aerospace and space supply chains. This information was given by the Minister of State for Personnel, Public Grievances & Pensions and Prime Minister’s Office Dr. Jitendra Singh in a written reply in the Lok Sabha today. **** NKR/NM (Release ID: 2226234) Visitor Counter : 340 Read this release in: Urdu , Marathi , Telugu

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