India's booming space economy: Opportunities for downstream spacetech

Welcome to a new chapter in the remarkable journey of the Indian space sector. Over the past few decades, this sector has witnessed unprecedented growth and remarkable achievements. The emergence of private players and startups in the space sector has added a new dimension to our endeavors. These innovative and dynamic entities have brought with them a spirit of innovation, competition, and collaboration that is reshaping the landscape of space exploration and commercial activities. Together, they are forging a future
where the boundaries of space are pushed further than ever before.

The profound impact of the space sector on socio-economic development cannot be overstated. Over the past six decades, India's space programme has been instrumental in addressing critical challenges facing our nation, creating an ecosystem that continues to yield innovative solutions. From informing farmers about best practices based on climatic conditions to disaster relief and prediction measures, the country’s interest has always been at the heart of the space programme. And it will continue to persist in this era of NewSpace.

This report 'Exploring opportunities for Indian downstream spacetech' offers an overview of the downstream market's potential. It also covers specific use cases within key satellite application areas of Earth Observation, Satellite Communication and Positioning, Navigation and Timing, along with strategic defense applications.

Join us in this exciting voyage into the NewSpace era, where the possibilities are as boundless as the cosmos itself.