Reference News Network, June 24 report: The Japan Economic News published an article titled "India Aims to Become a Major Player in the Aerospace Industry" on June 22. Excerpts are as follows:

The Indian aerospace industry is rising, with particularly notable progress in its private aerospace enterprises. Employees of the Indian Space Research Organization are leaving to start their own businesses, which has led to the number of private aerospace companies ranking second in the world, following the United States. Successful satellite launches are frequently occurring, changing the traditional global space development competition dominated by countries.

Indian company Pixxel successfully launched an ocean monitoring satellite by the end of 2024, and the satellite's development cycle was only nine months. Pixxel's CEO Gaurav Sesh confidently stated, "This demonstrates that India has the ability to quickly complete satellite manufacturing and launch."

Until 2020, the Indian government allowed private companies to enter the aerospace field, but the market then experienced rapid growth. According to data from research company Tracxn, by early May 2025, the number of related companies had reached 172, making India have the second-largest aerospace industry cluster globally, following the absolute leader, the United States, which has 825 companies.

The foundation for rapid development lies in the long-term technical strength accumulated by the Indian Space Research Organization. Shreyas Murgi, vice president of Dighanta Technologies, explained, "The private sector of the Indian aerospace industry did not rise out of nowhere."

A mid-sized rocket developer also originated from the Indian Space Research Organization. Its leader stated, "Indian companies are good at breaking through traditional constraints and adjusting strategies flexibly. As long as it is technically feasible, we have the capability to make it a reality."

The combination of official foundations and the vitality of civil innovation is attracting a large amount of domestic and foreign capital. The number of financing rounds for Indian aerospace companies has already exceeded those of the UK and Japan. More notably, after the Indian government relaxed restrictions on foreign investment in the aerospace industry in 2024, this growth momentum was further strengthened.

The advantage of having the world's largest population of over 1.4 billion is also significant - a broad talent base and a rich reserve of experts. The Indian Space Research Organization, the core institution of India's aerospace industry, has nearly 20,000 employees. Particularly importantly, 75% of its employees are technical personnel.

Near the headquarters of the Indian Space Research Organization in Bangalore, there are top Indian science and engineering universities. The Indian aerospace industry ecosystem is accelerating its integration, with talents and companies gathering here, and startups can receive guidance from top researchers.

The rising trend of the Indian aerospace industry is a reflection of the profound changes in the global space development landscape. The old model of state-led competition relying on national budgets is being broken, and the key factor in changing the old pattern is the significant reduction in satellite launch costs. Pawan Goenka, head of the National Aerospace Promotion and Research Center, believes: "In the future, cooperation among private enterprises will become the key to exploring the forefront."

Today, space has become a real commercial battlefield. European Consulting Company expects that the global aerospace industry will grow from 596 billion USD to 944 billion USD between 2024 and 2033. (Translated by Shen Honghui)

Original: https://www.toutiao.com/article/7519427898768392715/

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