Propelling India into a New Era of Space and Innovation is a thought leadership report that examines the transformation of India’s space sector at a pivotal juncture in its growth. The report highlights how the global space economy, valued at USD596 billion in 2024 and projected to exceed USD1.8 trillion by 2035, creates unprecedented opportunities for India to expand its share from the current nearly 2 per cent to nearly 8 per cent in the coming decade. This growth trajectory is enabled by India’s strengths in cost-efficient launch systems, proven satellite manufacturing, and, most critically, the operationalisation of downstream services that embed space-based capabilities into governance, security, resilience, and national development.
The report underscores that India’s space economy is moving beyond an innovation-led frontier towards becoming a foundational pillar of governance and growth. It focuses on three critical downstream domains that are, Earth Observation (EO), Satellite Communication (SatCom), and Navigation (PNT), which are increasingly integrated into national missions such as PM Gati Shakti, Ayushman Bharat, and disaster management programmes. EO delivers actionable insights for agriculture, urban planning, border security, and environmental monitoring. SatCom enables connectivity for broadcasting, rural broadband, enterprise networks, and secure defence communication. PNT, through NavIC and GAGAN, provides sovereign positioning, navigation, and timing solutions that support logistics, telecom, financial systems, and strategic military operations.
The report emphasises on the role of Digital Public Infrastructure (DPI) as the backbone for scaling adoption. By linking space-derived inputs with governance platforms, financial systems, and user applications, DPI can ensures that EO, SatCom, and PNT are embedded seamlessly into workflows. The report also stresses the importance of platform interoperability, outcome-based procurement, innovative financing, and institutional capacity building as enablers to move from fragmented adoption toward structured, service-oriented delivery.
Strategic domains such as defence, disaster management, and governance are highlighted as anchors for mission-grade adoption, setting benchmarks that other sectors can follow. Defence relies on low-latency Earth Observation pipelines, resilient SatCom networks, and secure navigation services. Disaster management depends on space-based monitoring for early warning, coordination, and continuity of services in crisis zones. Governance applications draw on EO and PNT to enhance infrastructure planning, citizen services, and national resilience.