The Indian Space Research Organization 's private - public approach , along with initiatives such as Make in India , Start - up - India and the 2017 Space Activities Bill , is helping to commercialise the country 's space industry . Governmental incentives , lower satellite costs and lower rocket launch costs are helping to improve return on investment and lower launch costs for companies in the small ##sat , or smallsat , market . Indian smallsat start - up rocket Space launched a mini - constellation in December , while Astrome Technologies plans to launch a 200-smallsat constellation by 2021 .
The Indian Space Research Organization's private-public approach, along with initiatives such as Make in India, Start-up-India and the 2017 Space Activities Bill, is helping to commercialise the country's space industry. Governmental support, lower satellite costs and lower rocket development costs are helping to improve return on investment and lower operating costs for companies in the small satellite, or smallsat, market. Indian smallsat start-up Exseed Space launched a nano-satellite in December, while Astrome Technologies plans to launch a 200-smallsat constellation by 2021.