Industry
Manufacturing
Future-Ready Manufacturing: Partnering in your journey to a sustainable manufacturing enterprise
Highlights
- In the contemporary era, Space has emerged as a critical domain – not only for innovation and growth but also for global surveillance, connectivity, and exploration. It offers nations the ability to observe, communicate, and expand their influence both on Earth and beyond.
- Manufacturing reusable rockets by private players is enabling low-cost access to space, transforming the use of traditional propulsion technology. This has opened the opportunity of space tourism where the space flight ecosystem would be a next substitute for faster air travel.
- Much like how e-commerce became essential for retailers, space will become indispensable for industries seeking to stay competitive. It is not just about rockets, but many industries like telecom, healthcare, tourism and more are being reshaped by space race.
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New Age of Space
After a long lull, the space domain is once again witnessing a surge of excitement and a renewed technological race.
With the resurgence of global competition in space, history seems to be repeating itself. In the 1970s, the space race was dominated by just two superpowers – the United States and the Soviet Union. Today, however, over 70 countries are actively pursuing access to this strategic frontier, alongside more than 500 private players India alone.
Historically, control over strategic domains has been key to both economic prosperity and the sustainability of empires. In the contemporary era, Space has emerged as a critical domain – not only for innovation and growth but also for global surveillance, connectivity, and exploration. It offers nations the ability to observe, communicate, and expand their influence both on Earth and beyond.
Space Market Rising
Reusable rockets are transforming manufacturing by enabling low-cost satellite and human payload launches, revolutionizing access to space.
The space sector is rapidly evolving into a dynamic market, driven by technological advancements and growing global interest. Satellites play a foundational role, empowering essential services like cloud, computing, 5G network, DTH broadcasting, and GPS - all made possible by their strategic positioning in orbit.
Recognizing this potential, companies like SpaceX have spent over 15 years revolutionizing the rocket launch business. Reusable rockets have now become the benchmark, much like reusable aircraft, drastically reducing launch costs and setting new standards for competition. The entry of private players has disrupted traditional cost structures, making satellite launches, especially to LEO and SSO, as accessible as booking a flight ticket, thanks to services like SpaceX’s Rideshare.
Rocket launches remain a critical link to space, ensuring the safe delivery of payloads ranging from satellites to human missions. As the space economy expands, the space flight ecosystem could rival or even surpass the airline industry in scale and impact.
Space tourism has emerged as a new revenue stream, attracting attention and investment. 'Blue Origin', founded by cloud and retail business tycoon Jeff Bezos, offers suborbital flights to the edge of space (~100 KM above earth), giving passengers a brief but immersive experience. Virgin Galactic, led by Richard Branson, has also entered the space tourism race, capturing the imagination of millennials and fueling further growth in the space business.
Orbiting Opportunity
The space industry is no longer just about scientific exploration, it represents the emerging frontier of global business opportunity.
In the early days, air travel was a luxury reserved for the elite. Today, flying has become a routine for millions, thanks to continuous innovation in aviation. A similar transformation is unfolding in the spaceflight industry. With the growing number of satellites orbiting Earth and ambitious missions like Artemis II (Moon mission) or Starship by SpaceX (Mars mission), the idea of extra-planetary habitation is becoming extremely credible. As rocket travel gains momentum, it may soon become as common a place as commercial air travel.
This shift signals a broader trend – space is rapidly becoming a strategic pivot for business innovation. Much like how e-commerce became essential for retailers, space will become indispensable for industries seeking to stay competitive. It is not just about rockets, but many industries like telecom, healthcare, tourism and more are being reshaped by space race. Space stations are evolving into advanced laboratories that will accelerate breakthroughs across sectors.
In this context, early access to space is critical. Being strategically positioned in this emerging domain could define the next generation of global business empires.
AI Meets Space
The global space sector is evolving rapidly, with countries like India emerging as influential players on the world stage.
On June 26,2026, Group Captain Shubhanshu Shukla made history as the first Indian astronaut to dock at the International Space Station, marking a proud milestone and reigniting India's human spaceflight program after four decades. For IT firms and software innovators, this milestone is more than symbolic. As global space programs accelerate, the demand for space-grade software, IoT systems, advanced engineering design, data analytics and consulting services is set to surge, opening new frontiers for the tech industry in the space economy.
As said Space industry evolves beyond pure scientific exploration, it is increasingly demanding trustworthy space-grade software solutions: more autonomous, AI-enabled and agentic in nature to monitor, control, and handle the complex space systems. TCS is braced with cutting edge technology for building Space Grade software promoting innovation in Space industry. The recent milestone of India’s first human spaceflight in over four decades marks not just a national achievement, but the beginning of a new era of global business opportunities. It signals the dawn of a promising future for Indian space missions and the broader space economy.
