Contents
Introduction
India’s involvement in Axiom-4 marks a pivotal step towards commercial human spaceflight. To capitalise on a booming $1 trillion global space economy, India must invest in innovation, infrastructure, and collaboration.
India’s Position in the Global Space Market
- Current Market Share – Only 2%: India contributes merely 2% to the global space economy, despite being among the top five spacefaring nations.
(Source: Indian National Space Promotion and Authorization Center – IN-SPACe, 2024) - Projected Growth – $1 Trillion by 2040: According to Morgan Stanley, the global space economy is set to reach $1 trillion by 2040, driven by satellite internet, space tourism, and human spaceflight.
Technological Imperatives to Strengthen India’s Role
- Human Spaceflight Expertise (Gaganyaan): The Axiom-4 mission’s inputs are vital for Gaganyaan, India’s first crewed orbital mission. Lessons from Shubhanshu Shukla’s role as pilot support safety, mission planning, and crew training.
- Zero-Gravity Research Infrastructure: Axiom-4 enabled ISRO to conduct biological and materials science experiments, such as muscle behaviour and moong dal germination.
Imperative: Develop India’s own space bio-labs and low-Earth orbit (LEO) testbeds. - Developing a Modular Indian Space Station: Shukla’s ISS experience informs India’s ambition to build an indigenous space station by 2035.
Need: Modular architecture, life-support systems, and orbital infrastructure to support long-duration missions. - Autonomous Navigation and Docking Systems: Axiom-4’s complex docking with the ISS highlights the importance of autonomous spacecraft.
Imperative: Develop indigenous avionics, AI-assisted navigation, and automated docking capabilities.
Building a Next-Gen Commercial Space Ecosystem
- Private Sector Participation (IN-SPACe, NSIL): The creation of IN-SPACe and NewSpace India Ltd (NSIL) is fostering commercialisation. Indian startups like Skyroot, Agnikul, and Bellatrix are entering launch and propulsion markets.
- Space Industrial Parks and Clusters: India must invest in space-specific SEZs to promote manufacturing of satellites, habitats, and reusable vehicles.
Example: Tamil Nadu and Karnataka are proposing space-tech corridors. - Reusable Launch Vehicles (RLVs): The global shift to reusability—led by SpaceX’s Falcon 9—demands Indian innovation in RLVs. ISRO’s RLV-TD tests must evolve into operational models by 2030.
- Low-Earth Orbit (LEO) Constellations: To match competitors like Starlink and OneWeb, India must build LEO broadband constellations to monetise its spectrum and meet rural digital needs.
International Collaboration and Talent Development
- Partnerships with Axiom Space, NASA, ESA: Collaborating on missions like Axiom-4 expands India’s access to crewed flight experience and orbital tech.
- Skilling Next-Gen Workforce: India must integrate aerospace education, astronautics, and robotics into technical curricula and foster public-private research clusters.
Conclusion
India must transition from a cost-effective launch provider to a global innovation hub. Axiom-4 signals that with focused technology investment, India can lead in the future space economy.


