Union Minister of State for Science and Technology Jitendra Singh on Wednesday said that India’s space economy will grow to around $44 billion by 2033, underscoring the role of landmark reforms and private sector participation in driving the country’s rise as a global space power.

Addressing the “Satcom” summit at India Mobile Congress 2025, the Minister said that satellite communication will be a key enabler of India’s digital infrastructure, particularly in rural and remote areas where terrestrial networks face challenges. “With more than 70 per cent of new ATMs being installed in rural India, satcom will be crucial for advancing financial inclusion and expanding digital services,” he noted.

Singh highlighted the rapid expansion of India’s space sector — from a valuation of $8.4 billio

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