On the occasion of National Space Day, Prime Minister reaffirmed India’s rapid progress in the global space ecosystem, highlighting the critical role of startups, private players, and young innovators in shaping the nation’s space journey.

“Powered by the skills of 140 crore Indians, our country is making remarkable strides in the world of space. And, we are going to do even more,”

the Prime Minister said while responding to posts by MyGovIndia that showcased India’s space achievements and emerging space startups.

Over the past few years, the Government of India has introduced a series of reforms to liberalize the space sector, creating opportunities for private enterprises and fostering a collaborative ecosystem between ISRO, academia, and startups. These reforms have reduced entry barriers, enabled private participation in satellite launches, and opened access to testing and research facilities, providing a strong foundation for entrepreneurship in space technologies.

For India’s vibrant startup ecosystem, these policy shifts mark a turning point. Young entrepreneurs are now venturing into areas such as small satellite manufacturing, space data analytics, reusable launch vehicles, and deep-space exploration. With growing private investment and international partnerships, Indian space startups are positioning themselves as global players in the emerging new space economy.

Industry experts note that India’s ability to combine cost-effective engineering with innovative applications offers a competitive advantage on the world stage. Startups are not only working on commercial satellite launches but also developing solutions that can benefit sectors like agriculture, disaster management, climate monitoring, and telecommunications.

As India celebrates its achievements in space exploration, the Prime Minister expressed confidence that the reforms and collective efforts of innovators will propel the nation to “even greater heights in the space sector in the coming years.”

For startups, this is both a challenge and an opportunity: to dream bigger, innovate faster, and contribute meaningfully to India’s vision of becoming a global leader in space technology.