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India’s space sector is exploding. Over 250 startups like Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Pixxel are building reusable rockets, 3D-printed engines, and high-res imaging satellites. With strong government backing, new FDI rules, and massive VC funding, India isn’t playing catch-up, it’s carving its own path to become a global spacetech superpower. 0:00 Intro 0:57 Chapter I: History of ISRO and Indian Spacetech 2:27 Chapter II: Current State of Indian Spacetech 9:24 Chapter III: India’s Closest Competitors in SpaceTech: Japan and Iran 12:54 The United States and China: Titans of Space 19:16 Opening India's Space Sector to Private Players 24:17 Future of Indian Space Startups Intro India is building a spacetech ecosystem unlike any other, powered by over 250 startups, supported by the Indian government, and rapidly becoming a global force. From reusable rockets to asteroid mining, startups like Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Pixxel are transforming India’s space industry. This video explores how India is building its own lane in the global space race. History of ISRO and Indian Spacetech In 1963, India launched its first rocket from Thumba, led by ISRO under Dr. Vikram Sarabhai. Early efforts focused on development, not prestige. By 1980, India had launched its first indigenous rocket, and in 2014 stunned the world with Mangalyaan. For decades, ISRO controlled space access, but quietly built a supply chain of 500+ vendors. Private players like Skyroot Aerospace and Pixxel emerged only after 2020, when IN-SPACe opened the sector to startups. Current State of Indian Spacetech India’s $15B space economy is set to reach $77B by 2030. While ISRO remains vital, private companies like Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Pixxel now drive innovation. Skyroot Aerospace’s Vikram-1 is India’s first private reusable rocket, aimed at low-cost launches. Agnikul Cosmos 3D-prints custom rocket engines like Agnilet. Bellatrix Aerospace is building Pushpak, a space tow truck to reposition satellites. Pixxel is solving Earth imaging with hyperspectral satellites already used by NASA. Together, these startups are redefining access, speed, and affordability in space. India’s Closest Competitors in SpaceTech: Japan and Iran India’s most comparable rivals are Japan and Iran. Japan has a $26B space industry and startups like Interstellar Technologies and Space One, backed by Toyota, are scaling satellite launches. Iran, while still government-dominated, has seen private players like Omid Faza Company launch satellites. However, India’s ecosystem is more mature, with companies like Skyroot Aerospace and Agnikul Cosmos already securing millions in funding and executing missions independently. The United States and China: Titans of Space The U.S. leads with a $200B+ space economy, 158 launches in 2024 (132 by SpaceX), and a thriving commercial sector. NASA’s shift to private contracts allowed SpaceX, Rocket Lab, and Blue Origin to lead innovations in reusability and satellite internet. China follows a top-down approach with companies like LandSpace, Galactic Energy, and iSpace scaling rapidly under government guidance. China conducted 68 launches in 2024 and is investing in deep space, reusable rockets, and megaconstellations. India, with Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace, and Pixxel, is emerging as the third major pole in spacetech. Opening India's Space Sector to Private Players The Indian government transformed the sector in 2020 by launching IN-SPACe and allowing startups full access to space missions. Startups like Dhruva Space, Skyroot Aerospace, Agnikul Cosmos, and Pixxel are now active participants. The government backed this with a ₹500 crore Technology Adoption Fund and a ₹1000 crore VC fund for spacetech. India also opened FDI: 100% in satellite manufacturing, 74% in services, and 49% in launch vehicles. New space parks in Karnataka and Kerala, along with the Indian Space Policy of 2023, further streamlined growth. ISRO now collaborates with startups, outsourcing up to 80% of PSLV production. Future of Indian Space Startups The next wave includes startups like InspeCity (space habitats), Awais Ahmed’s Pixxel (hyperspectral imaging and asteroid mining), EtherealX (fully reusable rockets), and OrbitAID (space debris removal). These companies, alongside Skyroot Aerospace, Agnikul Cosmos, and Bellatrix Aerospace, are scaling up India’s capabilities and building the future of space from launchpads to orbital cities.