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Report: Developing the Space Ecosystem in India: Focusing on Inclusive Growth (ISpA 2022)

The report highlights the growth and potential of the Indian space ecosystem. The document was developed by the Indian Space Association (ISpA) in collaboration with EY, and covers the outlook of the space economy in India and its potential to accelerate the socio-economic development of the country. It includes the global space economy and its growth drivers, as well as India’s entire lifecycle of the space economy, including manufacturing, ground and launch segment, startups, and end-user services. The report also provides regulatory landscape and inputs from industry to propel growth in the Indian space industry.

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What is the “Make in India” Program and its Relevance to the Space Economy?

The “Make in India” initiative was launched by the Government of India in September 2014 to encourage companies, both domestic and foreign, to manufacture their products in India. The program seeks to promote a business-friendly environment through policy reforms, streamlined processes, and a robust infrastructure. The overarching goals are to increase investment, foster innovation, develop skills, protect intellectual property, and build world-class manufacturing infrastructure in the country.

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