Indian spacetech industry shoots for the stars
India's private spacetech sector is rapidly evolving, with over 400 startups and investments exceeding $500 million since 2020. Skyroot Aerospace plans to launch India's first privately developed orbital-class rocket before August 4, marking a significant milestone for the industry. The country aims to quintuple its space economy from $8.4 billion in seven years, leveraging decades of groundwork laid by the Indian Space Research Organisation (ISRO).