Important facts positioning Indian space sector as a lucrative option for Foreign Direct Investments (FDI)
1. India has launched 429 satellites for 30+ nations including Germany, Singapore, Canada, Netherlands in last 9 years earning a revenue of $174 Mn
2. Indian space sector targets to reach exports worth of $11 Bn by 2033 through public, private and start-up collaborations
3. There is a target for having a $4.6 Bn market size of satellite manufacturing in India by 2033
4. The anticipated size of the Indian space economy by 2040 is $100 Bn
5. Indian space sector is highly driven by technology advancement and government support
7. Success of Chandrayaan-3 opened avenues for collaboration and commercialization of space technology
8. Increasing demand for satellite-based services and low-cost on-demand launches. Eg via with SSLV (Small satellite launch vehicle)
9. Clusters near Kerala and Tamil Nadu launch stations have become space manufacturing hubs
10. India has a highly trained and experienced talent pool of aerospace engineers
11. Robust supply chain of raw materials and components
