To create an ecosystem of industry, academia, and startups in the space sector, Indias business sector, including start-ups and diversifying established firms, can take part in the countrys space journey under the umbrella of a new organization called IN-SPACe. IN-SPACe is a new regulatory body that will allow private companies to use ISROs infrastructure and facilities to build their own satellites and launch vehicles. ISRO has also set up Space Technology Incubation Centers (S-TIC) in six regions of India to promote the development of space technology startups. The opening up of the space economy to private participation across all phases of activities heralds an era of growth, innovation, and accelerated investment in the sector. The government and ISRO have been formulating policies to support startups in the space technology sector, and recent reforms signal a substantial shift, with the government displaying robust support and confidence in the private spacetech sector.