India’s Policies in Support of the New Space

Just like in the Cold War, space has re-emerged as an arena of international rivalry. However, this time, industry sees new actors partaking race to top, competition is not just between states; commercial players are increasingly taking field. The latter limited established large companies but includes small and medium-sized innovative enterprises, forming so-called New Space. Among countries facing such a multifaceted challenge India, whose pursuing catch-up strategy many respects only recently stepped up growth segment. Considering key importance public support for segment, article discusses main trends, factors, specifics Indian Space policy. We use comparative analysis assess current state prospects its possible implications global positions.The study shows that Delhi aims embrace realities amidst ambitious economic targets, social challenges, growing geopolitical tensions with China, pandemic acting catalyst. Thanks measures, India already become one central players, it still falls short leadership due resourceconstrained state-centered course. Nevertheless, although at infant stage, future looks promising. success astropreneurs will also depend on rise efficiency national policies – process likely happen internal challenges.