India's Space Budget 2026-27: Modest Hike Amidst Grand Ambitions
Budget
C
CNBC TV18•01-02-2026, 13:36
India's Space Budget 2026-27: Modest Hike Amidst Grand Ambitions
- •India's Department of Space receives ₹13,705.63 crore in the 2026-27 Union Budget, a 2% increase from the previous year's Budget Estimate.
- •The budget shows a clear focus on capital expenditure, rising to ₹6,375.92 crore, indicating a push for infrastructure and long-term capability building.
- •Funding continues to prioritize space technology, including launch vehicle development, satellite programs, ISRO infrastructure, and the Gaganyaan human spaceflight mission.
- •Over 20 satellite missions have been sanctioned for communication, navigation, Earth observation, and space science, strengthening infrastructure and connectivity.
- •Experts suggest that while the budget maintains current programs, significantly larger allocations will be needed to match India's growing space ambitions and high-cost missions.
Why It Matters: India's space budget sees a modest increase, prioritizing capital spend, but experts question if it matches ambitious future missions.
✦
More like this
Loading more articles...
