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India's Space Tech Upside is Bigger than EVs podcast

Jul 21, 2022

So far, the funding and technological collaboration of the space tech startups have been very encouraging. Funding into this sector jumped 198% in 2021.

Over 55 new startups have registered with the Indian Space Research Organisation (ISRO) and the Department of Space (DoS) since the opening up of the sector to private players in 2020.

Whether or not Spacex comes to India, the Indian space tech ecosystem is large enough to attract billions in funding and innovate to make India a commercial space tech hub.

Mind you, the ecosystem is brand new and much bigger than that of electric vehicles.

Also checkout our article on Top 3 Indian Companies in the Space Race.

Tanushree Banerjee

Tanushree Banerjee (Research Analyst), is the editor of Stock Select and Forever Stocks. Tanushree started her career at Equitymaster covering the banking and financial sector stocks and scrutinising RBI policies. Over the last decade, she developed Equitymaster's research processes that helped us pick out various multibaggers, across all sectors. A firm believer of "safety first" when it comes to investing, Tanushree closely follows the investing philosophies of Warren Buffett, Jeremy Grantham, and Joel Greenblatt.

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