Space Industry Urges Budget Boost: Critical Infrastructure Status, Procurement Funds

• India's private space industry seeks critical infrastructure status for space assets and government funds for procuring domestic products and services.
• Industry leaders like Pixxel Space and Agnikul Cosmos emphasize the need for government as an anchor customer and low-cost financing for capex-heavy space businesses.
• ISpA and Deloitte recommend recognizing space infrastructure to unlock private investment, reduce capital costs, and strengthen national resilience.
• The industry calls for a formal procurement mandate to support growth, allowing ISRO to focus on strategic missions, similar to NASA and ESA models.
• Fiscal incentives for indigenous manufacturing, expanded funding for deep-tech, and clear long-term procurement policies are crucial for startups like GalaxEye.

Why It Matters: The Indian private space industry seeks government support through critical infrastructure status and procurement funds.