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AnalysisIBEFThursday, 24 September 2026

Space sector reforms aim to make India self-reliant and technologically stronger: Prime Minister Mr. Narendra Modi

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Summary

PM Narendra Modi said space reforms like IN-SPACe are making India self-reliant, citing Skyroot Aerospace and its Vikram-1 rocket as proof of the change.

Key Facts

TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedThursday, 24 September 2026
Affected Population1.4 billion citizens, 20 million government employees

Key Numbers

20 million central + state government employees
Rs 3.3 lakh crore transferred via DBT
1,500+ services on UMANG app
Defence budget: Rs 6.21 lakh crore (2025-26)

Key Authorities

PMOCabinet SecretariatDARPGNITI AayogMinistry of Defence

Key Stakeholders

Civil ServantsState GovernmentsJudiciaryArmed ForcesDefence PSUsBorder Communities

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

Amendment History

1 change recorded for this policy.

DescriptionTuesday, 6 October 2026via ibef
Prime Minister Mr. Narendra Modi highlighted space sector reforms, including the creation of IN-SPACe, as key to making India self-reliant and technologically stronger. Skyroot Aerospace's growth, including its Vikram-1 rocket, was cited as an example of these reforms in action.
PM Narendra Modi said space reforms like IN-SPACe are making India self-reliant, citing Skyroot Aerospace and its Vikram-1 rocket as proof of the change.

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