PARLIAMENT QUESTION: SHARE IN SPACE ECONOMY

• Parliament Question (02 Apr 2026) answered by the Department of Space on India's current and projected share in the global space economy.
• Anchored in the Decadal Vision and Strategy for Indian Space Economy released by IN-SPACe — projecting a 5x jump from ~$8.4 bn (2023) to ~$44 bn by 2033 and ~$100 bn by 2040.
• Tests aspirants' grasp of space-sector liberalisation (2020–24), the Indian Space Policy 2023, and the FDI amendment 2024 — recurring GS-III S&T/economy themes.