Modi calls for 5 Indian spacetech unicorns in 5 years

Business Aug 23, 2025

On National Space Day, PM Modi called on Indian spacetech startups to build five unicorn companies in the next five years and boost annual rocket launches from just a handful to 50.
He promised more government support for homegrown innovation and floated the idea of an "Astronaut Pool" to help nurture new talent.

India's space economy could hit $44 billion by 2033

This push is part of India's big plan to grab a larger slice of India's space economy, which could hit $44 billion by 2033—up from $8.4 billion in 2022.
With over 300 startups already working in the space sector and ISRO aiming for missions like Chandrayaan-4 and even a national space station by 2035, there's real opportunity here for young innovators, techies, and entrepreneurs who want to shape the future of space from India.