Lower launch costs, indigenous manufacturing of critical space-grade materials and a stronger focus on satellite-based applications will be essential if India is to achieve its goal of becoming the world's third-largest space economy, a senior Department of Telecommunications (DoT) official said on Wednesday.
Speaking at the IAFI Space Policy Conference 2026, Deb Kumar Chakrabarti, Member (Services), DoT, said India would need significant policy, regulatory and structural reforms to expand its presence in the global space sector.