https://www.taxtmi.com/news?id=69092 The Economic Survey reports accelerated commercialisation of India's space sector led by private participation and NewSpace startups, projecting expansion from USD 8.4 billion to USD 44 billion driven by launch services, satellite communications, earth observation and downstream services. It highlights rising commercial revenues, increased private funding and NSIL's revenue growth as evidence of market strengthening. The government has approved five major projects under Space Vision 2047-including a Gaganyaan follow on module, lunar sample return and lunar polar exploration missions, a Venus orbiter, and a next generation launch vehicle-to build technological capacity and industry collaboration. en-us Thu, 29 Jan 2026 19:46:04 +0530 Thu, 29 Jan 2026 19:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69092 The Economic Survey reports accelerated commercialisation of India's space sector led by private participation and NewSpace startups, projecting expansion from USD 8.4 billion to USD 44 billion driven by launch services, satellite communications, earth observation and downstream services. It highlights rising commercial revenues, increased private funding and NSIL's revenue growth as evidence of market strengthening. The government has approved five major projects under Space Vision 2047-including a Gaganyaan follow on module, lunar sample return and lunar polar exploration missions, a Venus orbiter, and a next generation launch vehicle-to build technological capacity and industry collaboration. News - Thu, 29 Jan 2026 19:46:04 +0530 https://www.taxtmi.com/news?id=69092