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Science/Tech News

The Economic Times

Science/Tech / The Economic Times

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Indias space industry hunts for its SpaceX moment

India's private space sector is rapidly advancing, with a space unicorn poised for launch and startups developing cutting-edge satellites. Prime Minister Modi's initiative to open the industry is fostering innovation, attracting significant funding, and even drawing interest from billionaires like Mukesh Ambani. Despite challenges, the momentum is strong, with companies like GalaxEye and Pixxel making significant strides, signaling a promising future for India's ambitious space economy.

3 Jul 2026 9:01 am