The Event Overview
Indian space sector has undergone a transformative growth, offering substantial opportunities. The space sector, currently valued at USD 8.4 billion, holds a modest 2 % share of the global space economy. However, projections suggest that by 2033, India’s space industry could expand to USD 44 billion, with exports contributing USD 11 billion—further positioning India as a key player in the global arena.
This remarkable growth is fuelled by the ISRO and an expanding private sector, which has seen the emergence of nearly 200 startups in recent years. Besides this, establishment of the INSPACe to regulate space activities, the creation of NSIL to provide launch services, and the announcement of the Indian Space Policy 2023, and liberalisation of Foreign Direct Investment (FDI) in 2024 has further been spurring the growth of private sector, opening doors for new opportunities and foreign partnerships with Indian space companies.
Taking the vision of the Government vision further in the space sector, I am happy to share that the Confederation of Indian Industry is organising the Two- day International Conference on Space from 8th – 9th September 2025. The conference would be organised with the support of ISRO and INSPACe at Taj Hotel in Bengaluru.
The two- day Conference with theme of ‘Harnessing Space for Bharat: Innovation, Policy, and Growth’, focus on the initiatives taken by Indian government, ISRO, INSPACe & NSIL towards encouraging and engaging space start-ups, and the Indian Industry towards further strengthening the space sector as well as deliberate on policy and regulatory framework and increasing international collaborations
Where
Taj Yeshwantpur, Bengaluru
When
8-9 September 2025
Theme
Harnessing Space for Global Progress: Innovation, Policy, and Growth
From the landmark Chandrayaan-3 mission to strategic international collaborations, India’s space journey is reshaping its scientific, economic, and diplomatic landscape. The space sector, currently valued at USD 8.4 billion, holds a modest 2-3% share of the global space economy. However, projections suggest that by 2033, India’s space industry could expand to USD 44 billion, with exports contributing USD 11 billion—further positioning India as a key player in the global arena.
This remarkable growth is fuelled by the Indian Space Research Organisation (ISRO) and an expanding private sector, which has seen the emergence of nearly 200 startups in recent years. These startups are driving innovation, offering space-based products and services that are more affordable, accessible, and tailored to the evolving market demands. The successful launches, developed by private Indian firms, highlight the sector’s vast potential in satellite manufacturing, launch vehicles, and downstream applications.
Recognising the sector’s potential, the Indian government has enacted several key reforms. These include the establishment of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to regulate space activities, the creation of NewSpace India Limited (NSIL) to provide launch services, and the announcement of the Indian Space Policy 2023, which enables end-to-end private sector participation across all areas of space activities. The liberalisation of Foreign Direct Investment (FDI) in 2024 has further opened doors for foreign partnerships with Indian space companies. On 24 October 2024, India’s space sector achieved a major milestone as the Union Cabinet, led by the Honourable Prime Minister, approved a dedicated INR 1,000 crore venture capital fund under IN-SPACe. Further strengthening this momentum, IN-SPACe launched an INR 500 crore Technology Adoption Fund in February 2025. These initiatives are set to drive innovation, foster startup growth, and enhance India’s position in the global space industry.
On the global front, India has expanded its commercial space footprint through space diplomacy and attracted global investment, totalling approximately USD 300 million in the past three years. The country has been collaborating with over 40 countries.
