47
Economics3h 4m ago

IN-SPACe Chairman Dr Pawan K Goenka said the projected $44-billion space economy by 2033 would not be built by startups alone, and urged investors to view the sector as a long-term industrial opportunity.

India

Who
IN-SPACe Chairman Dr Pawan K Goenka, Christian Biever, Ambassador of Luxembourg to India
What
IN-SPACe Chairman Dr Pawan K Goenka said the projected $44-billion space economy by 2033 would not be built by startups alone, and urged investors to view the sector as a long-term industrial opportunity.
When
Tue, 16 Jun 2026 20:07:26 GMT · 3h 4m ago
Where
India ·
Why
He called on industry stakeholders to look beyond launch services and satellites, and focus on opportunities in components, ground infrastructure, maritime applications and the defence sector.
The Frontline Impact

How this affects you

A senior Indian space official is seeking sustained, patient capital investment into the space sector, moving beyond reliance on startups to capitalize on broader industrial opportunities. This push involves international collaboration and aims to create a robust ecosystem for global capabilities, signaling a strategic shift in India's space economic development.

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