India’s space economy may grow 5x to $45 billion by 2030. Who is leading the boom?

India’s private space sector is shifting from prototypes to commercial operations, with the government targeting a fivefold expansion of the space economy to $40–45 billion by 2030. The startup ecosystem has grown to over 400 companies, with Skyroot Aerospace, Pixxel, Agnikul Cosmos and Digantara emerging as key private players.