ReferIndia News led skill building key as India expands space and satellite economy: Experts

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led skill building key as India expands space and satellite economy: Experts

Published on: April 5, 2026, 6:30 p.m. | Source: The Tribune

India is targeting a significant jump in its space economy, from USD 8.4 billion currently to USD 44 billion by 2033, aiming to raise its global share to around 8 per cent. With increasing private sector participation and scaling downstream applications, the demand for a trained workforce across satellite and geospatial domains is rising sharply. Highlighting the importance of structured skill development, Lt Gen AK Bhatt (retd), Director General of the Indian Space Association, said, 'As India's space economy expands across satellite communications, downstream applications and increasing private sector participation, the role of industry in structured capacity building becomes even more critical.'

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