Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National

India must cut launch costs, boost local manufacturing to become world's third-largest space economy: DoT official

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.