In 2019, the government launched a new arm of Isro to tap the huge potential in space. The New Space India Ltd was expected to replace Antrix as the commercial arm of Isro. While the Budget did not unveil any other scheme for the space tech start-ups, they have gained traction.
Analysis of data from the Economic Survey 2021-22 shows that 101 start-ups in the country are registered in the space category under DPIIT norms. Other start-ups working in the industry but not registered under DPIIT space norms have not been included in this calculation.
Data indicates two-thirds of these