Category: Space Tech

India space technology sector soars

India space technology sector skyrockets with 235% growth in just 2 years, clinches $126 million in 2023

  • India’s space tech sector grew 235% in 2 years, securing $126 million in 2023
  • Government allocated Rs 1,000 crore in the Union Budget to support space technology startups
  • Indian space tech startups have raised significant funding, with early-stage investments driving growth
  • Skyroot Aerospace, Pixxel, and Agnikul are the top-funded space tech startups in India
  • Bangalore is the top-funded city in the privatized Indian space sector, indicating rapid growth and potential in the industry

India’s Space Technology Sector Growth

India’s space technology sector has been on a remarkable growth trajectory, experiencing a significant surge of 235% in just two years. Read more