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India Pitches Space Investment at IISC 2025 as Viasat–BSNL Deal, Novaspace Move Mark Private Push

Officials cite post-2019 reforms, projecting the domestic space economy to grow from about $8 billion to as much as $45 billion within a decade.

Dr Jitendra Singh, Minister of State (IC) for Science & Technology and Department of Space
Union Science and Technology Minister Jitendra Singh

Overview

  • The 4th India International Space Conclave opened in New Delhi, hosted by the Indian Space Association with ISRO and IN-SPACe participation and attended by senior Indian and international delegates.
  • Viasat India announced it will commercialise its Velaris satellite connectivity with BSNL to enable secure beyond-visual-line-of-sight operations for uncrewed aircraft on Viasat’s global L-band network.
  • Novaspace said it is opening an office in Bangalore to deepen collaboration with government, industry and startups in the expanding Indian space market.
  • Minister Jitendra Singh emphasized that roughly 70% of India’s space applications support public services, citing Gati Shakti, SWAMITVA, disaster management, telemedicine and railway safety.
  • IN-SPACe pointed to rising private investment, noting a recent agreement with SIDBI Venture Capital to operationalise a Rs 1,000 crore fund for the space sector.