The 2023 Indian Space Policy underscores the importance of private sector involvement and eliminates formidable barriers to their entry into the space sector. Spacetech startups have embraced this initiative, eager to venture into aerospace, communications, defense, telecom, materials, chemicals, and precision engineering sectors that complement the nation’s space programs. Additionally, numerous other sectors with substantial potential for Indian spacetech startups include nanosatellites, disaster management, telemedicine, imaging, navigation, collective robotics, artificial intelligence, oceanographic studies, broadband services, and augmented and virtual reality.