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About: Space industry of India     Goto   Sponge   NotDistinct   Permalink

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India's Space Industry is predominantly driven by the national Indian Space Research Organisation (ISRO). The industry includes over 500 private suppliers and other various bodies of the Department of Space in all commercial, research and arbitrary regards. There are relatively few independent private agencies, though they have been gaining an increased role since the start of the 21st century. In 2019, the space industry of India accounted for $7 billion or 2% of the global space industry and employed more than 45,000 people. Antrix Corporation expects the industry to grow up to $50 billion by 2024 if provided with appropriate policy support.