Budget 2026 expectations: Private space firms seek procurement push, critical infrastructure status for sector

India's burgeoning private space sector urges the government to boost public procurement and recognize space assets as critical infrastructure. This move aims to unlock financing, reduce capital costs, and accelerate the growth of domestic companies in satellites, launch vehicles, and data services, positioning India as a global space leader.

Budget 2026 expectations: Private space firms seek procurement push, critical infrastructure status for sector
India's burgeoning private space sector urges the government to boost public procurement and recognize space assets as critical infrastructure. This move aims to unlock financing, reduce capital costs, and accelerate the growth of domestic companies in satellites, launch vehicles, and data services, positioning India as a global space leader.