From moon mission to space stations to the appropriate investments, ISRO Chief S Somanath elaborates on India’s Space Vision 2047. Bhaswati Guha Majumder of CXO News and APAC News Network reports from the Indian Space Conclave on how India plans to be a leading player in the global space ecosystem.
Indian Space Research Organisation (ISRO) Chairman S Somanath provided an in-depth look into India’s long-term space agenda, “India’s Space Vision 2047,” at the inaugural session of the Indian Space Association’s third Indian Space Conclave.
This visionary program, announced by Prime Minister Narendra Modi, aims to establish India as a leading player in the global space industry by 2047. Goals include setting up a space station, a human mission to the Moon, and further advancements in space exploration capabilities.
“For the very first time, we have a long-term program for space,” Somanath stated citing India’s Space Vision 2047. He highlighted that this marks India’s first structured, goal-oriented space strategy. “The government is very focused… that in a certain number of days, those announcements are converted into projects and programs, and those projects are making into motion,” he explained, underscoring the push to turn vision into action.
Building a Self-Sustaining Space Ecosystem
Somanath elaborated on how ISRO has transformed India’s space program by creating an industry ecosystem that can produce over 90% of rocket components and around 60% of spacecraft parts domestically. “We have a vision to create programs that are futuristic and inspirational… in terms of expanding the space economy,” he said. ISRO’s shift to engaging with private industry has fostered an end-to-end capability across launch and satellite services, paving the way for a competitive space economy.
Somanath emphasized that scaling up remains essential as part of this mission, and the government aims to bring more industry players into the fold, especially from the startup ecosystem. He noted the importance of “making an ecosystem around us” and creating new opportunities for young talent and innovation. “Programs that are funded by the government [are] primarily to create a vibrant space and growth,” he stated, adding that initiatives like the new policy are designed to make data more accessible, further enabling private sector growth.
Tackling Challenges and Inspiring Next-Generation
Despite the progress, Somanath pointed out that India’s space sector faces significant demand-side challenges, with complex, lengthy development cycles often rendering technologies outdated upon launch. “The change is too fast, like any other sector” he highlighted. “For example, the changes in technology are so rapid that if we need to build something after five years, I don’t know whether it will be useful at that time.”
He explained that a market ecosystem within India must emerge to create sustainable demand for space products and services. “We should have the ability to design, manufacture and put up a cost-competitive product in front of the world,” he added.
According to Somanath, India’s vision requires more than announcements; it needs concrete actions. He called for the engagement of young entrepreneurs and innovators, especially in startups, to drive the sector forward. “We need to inspire the next generation to come into this sector,” he said, outlining the need for diverse talent in areas such as remote sensing, data analytics, and satellite manufacturing. These goals are expected to be supported by government funding and policies designed to stimulate growth within the space industry.
India’s Human Spaceflight and Moon Mission Goals
Among the ambitious objectives of Vision 2047, India aims to advance its human spaceflight program, following the upcoming Gaganyaan mission. The roadmap includes building a space station and potentially landing an Indian astronaut on the Moon by 2040. “If you talk about landing a man on the Moon, it creates an inspirational story, and it also creates technological growth that is unprecedented in any ecosystem,” Somanath said. While these aspirations mirror achievements from other nations decades ago, he believes India is now positioned to achieve similar milestones due to advancements in space technology and a thriving domestic talent pool.
Somanath pointed out that today, developing rocket and satellite systems of such scale is feasible. “The access to space has become affordable… the capability now is much better than in the 1960s,” he noted. India now possesses the necessary technological foundation and expertise to consider launching manned missions to the Moon and building a space station, laying the groundwork for a significant presence in human space exploration.
Expanding India’s Contribution to Space Economy
Aiming to secure a 10% share of the space economy, India’s Space Vision 2047 requires substantial investment from both the government and the private sector. Somanath noted that the government’s commitment is evident in its willingness to approve high-investment projects that align with Vision 2047. “The decision to approve such programs indicates the government’s confidence in the capabilities that we have today,” he said.
He described this coordinated strategy as essential to creating a thriving space economy within the next decade, one that generates jobs, technological advancement, and competitive products. “India’s Space Vision 2047 is going to create a vibrant space economy by appropriate intervention by different stakeholders,” he explained, identifying ISRO, In-Space, the nodal agency that functions as an autonomous agency in the Department of Space (DOS), and private industry as pivotal players in realizing this vision.
With India’s Space Vision 2047, ISRO is poised to take the nation’s space program to new heights. Somanath’s insights reflect a commitment to not only achieve technological milestones but to inspire generations to come, fostering a self-sustaining, globally competitive space ecosystem. As these plans unfold, India stands ready to redefine its role in the international space sector, demonstrating that it can reach ambitious goals and play a leadership role on the global stage.

































































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