TOKYO -- India is emerging as a major force in the global space industry, propelled by the rapid expansion of its private sector. As of May, the country had 172 space-focused private enterprises, second only to the U.S., which led with 825 companies, according to Tracxn, a market intelligence provider in India.
India is solidifying its role as a major player in the global space industry, driven by rising foreign investment and a deep talent pool fueling a surge in promising startups. (Nikkei montage/Source photos by Reuters)
Datawatch
India lifts off as major force in global space industry
South Asian country now second only to US in number of private sector players
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