India’s private space sector has raised $150 million so far in FY2026, marking a new high in funding for the industry. The surge follows policy reforms that opened space activities to private firms. INSPACe Chief Pawan Goenka stated that this funding will help Indian companies accelerate satellite launches and space related services, reinforcing India’s position as a global player in space technology. The growth is expected to continue with further investment in the coming years.