Indian space business: An exciting field or a bubble about to burst?

There are plenty of challenges however before the scale is achieved, and not necessarily related to launches. There is a vast unmet insurance requirement

India’s first privately-developed rocket Vikram-S shall lift off in what is called a sub-orbital mission with three payloads, on Friday. The endeavour, though puny, comes just two years into the union cabinet opening the skies for the private sector to join.

Compare this with the results of the now almost 36 years old Aero India show, also meant to promote aerospace among other businesses, which has moved far more slowly. Instead, investor confidence in the fledgling space business seems to have caught on more rapidly, primarily because policy and monetary outlay have moved rapidly together.

In the middle of the