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Indian spacetech sector gets USD 62 Million in funding this year after Chandrayaan-3 success, up by 60% compared to last year

Shortpedia
Content Team
Image Credit: business today

As the world acknowledges India's space dominance after the Chandrayaan-3 success, the spacetech sector in the country received $62 million in funding this year to date, reflecting a substantial 60 per cent increase compared to the same period last year. India currently ranks seventh in terms of funding within the international spacetech landscape, firmly establishing its influence in this dynamic sector, according to a latest report by market intelligence firm Tracxn.


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