India’s space economy at $8.4 billion, nearly 400 start-ups active after sector opened to private players: Dr. Jitendra Singh

• India's space economy has reached an estimated $8.4 billion with 399 active space start-ups across launch vehicles, satellites, propulsion and space-grade electronics.
• Marks the maturation of the 2019–2023 space-sector reforms that opened the sector to private participation through IN-SPACe, the Indian Space Policy 2023, and the 2024 FDI liberalisation.
• Examinable for GS-III (Science & Tech, Economy) — tests overlap of institutional architecture (ISRO/IN-SPACe/NSIL), FDI rules, and start-up ecosystem data.