India’s Policies in Support of the New Space

Just like in the Cold War, space has re-emerged as an arena of international rivalry. However, this time, the space industry sees new actors partaking in the race to the top, as the competition is not just between states; commercial players are increasingly taking the field. The latter is not limite...

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Main Authors: I. V. Danilin, E. P. Shavlay
Format: Article
Language:English
Published: MGIMO University Press 2022-11-01
Series:Vestnik MGIMO-Universiteta
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Online Access:https://www.vestnik.mgimo.ru/jour/article/view/3231
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author I. V. Danilin
E. P. Shavlay
author_facet I. V. Danilin
E. P. Shavlay
author_sort I. V. Danilin
collection DOAJ
description Just like in the Cold War, space has re-emerged as an arena of international rivalry. However, this time, the space industry sees new actors partaking in the race to the top, as the competition is not just between states; commercial players are increasingly taking the field. The latter is not limited to established large companies but includes small and medium-sized innovative enterprises, forming the so-called New Space. Among the countries facing such a multifaceted challenge is India, whose space industry is pursuing a catch-up strategy in many respects and has only recently stepped up the growth of the commercial space segment.Considering the key importance of the public support for this segment, the article discusses the main trends, factors, and specifics of the Indian New Space policy. We use comparative analysis to assess the current state and prospects of the industry and its possible implications for the Indian global positions.The study shows that New Delhi aims to embrace new realities amidst ambitious economic targets, social challenges, and growing geopolitical tensions with China, with the pandemic acting as a catalyst. Thanks to innovative measures, India has already become one of the central space players, but it still falls short of leadership in the New Space due to its resourceconstrained and state-centered course. Nevertheless, although its New Space is still at its infant stage, the future looks promising. However, the success of the Indian astropreneurs will also depend on the rise of efficiency of the national policies – a process likely to happen due to internal and global challenges.
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spelling doaj-art-98f0592de3394e3a94d80b06bfde9e102025-01-30T12:16:17ZengMGIMO University PressVestnik MGIMO-Universiteta2071-81602541-90992022-11-0115511313410.24833/2071-8160-2022-5-86-113-1342493India’s Policies in Support of the New SpaceI. V. Danilin0E. P. Shavlay1The Primakov National Research Institute of World Economy and International Relations of the Russian Academy of Sciences (IMEMO RAS)The Primakov National Research Institute of World Economy and International Relations of the Russian Academy of Sciences (IMEMO RAS)Just like in the Cold War, space has re-emerged as an arena of international rivalry. However, this time, the space industry sees new actors partaking in the race to the top, as the competition is not just between states; commercial players are increasingly taking the field. The latter is not limited to established large companies but includes small and medium-sized innovative enterprises, forming the so-called New Space. Among the countries facing such a multifaceted challenge is India, whose space industry is pursuing a catch-up strategy in many respects and has only recently stepped up the growth of the commercial space segment.Considering the key importance of the public support for this segment, the article discusses the main trends, factors, and specifics of the Indian New Space policy. We use comparative analysis to assess the current state and prospects of the industry and its possible implications for the Indian global positions.The study shows that New Delhi aims to embrace new realities amidst ambitious economic targets, social challenges, and growing geopolitical tensions with China, with the pandemic acting as a catalyst. Thanks to innovative measures, India has already become one of the central space players, but it still falls short of leadership in the New Space due to its resourceconstrained and state-centered course. Nevertheless, although its New Space is still at its infant stage, the future looks promising. However, the success of the Indian astropreneurs will also depend on the rise of efficiency of the national policies – a process likely to happen due to internal and global challenges.https://www.vestnik.mgimo.ru/jour/article/view/3231new spaceastropreneursspace industryindiafrugal innovationsgeopoliticsusachina
spellingShingle I. V. Danilin
E. P. Shavlay
India’s Policies in Support of the New Space
Vestnik MGIMO-Universiteta
new space
astropreneurs
space industry
india
frugal innovations
geopolitics
usa
china
title India’s Policies in Support of the New Space
title_full India’s Policies in Support of the New Space
title_fullStr India’s Policies in Support of the New Space
title_full_unstemmed India’s Policies in Support of the New Space
title_short India’s Policies in Support of the New Space
title_sort india s policies in support of the new space
topic new space
astropreneurs
space industry
india
frugal innovations
geopolitics
usa
china
url https://www.vestnik.mgimo.ru/jour/article/view/3231
work_keys_str_mv AT ivdanilin indiaspoliciesinsupportofthenewspace
AT epshavlay indiaspoliciesinsupportofthenewspace