India’s Space Tech Looks to Budget 2026 to Ignite Ambitions

India’s space tech story has come a long way, but Union Budget 2026 may shape the sector’s next decade of growth. The government targets growing the space economy to $44 billion by 2033, with Earth observation, communication, navigation, launch services, and in-orbit services as core segments.  In the Budget last year, the total allocation for the Department of Space increased to ₹13,416.20 crore, an increase of approximately 14% from the previous year’s revised estimates to support missions like Chandrayaan-4 and the Venus Orbiter Mission. However, the Indian Space Research Organisation (ISRO) was only able to execute five launches in 2025. The buzz is still strong. Last year, ISRO was able to demonstrate space docking. States including Karnataka, Tamil Nadu, Andhra Pradesh, and Gujarat upped the ante with space policies dedicated to fostering private sector growth, manufacturing, and innovation. Private funding returned after a slow patch, with the Indian National