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Economic Times
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Space startups paying premium for critical components, flag lack of manufacturing ecosystem
- Indian space tech startups are grappling with significant challenges, especially in the manufacturing of critical components.
- Startups are paying premium prices for electronics, semiconductor chips, solar panels, solar cells, valves, fittings, and vents.
- The industry is struggling to achieve the maturity required to industrialize space technology.
- Core chemicals used in the industry are still being imported from Germany.
- There is a lack of strong regional players manufacturing these components.
- Indian companies are at a disadvantage compared to international competitors due to 40% import costs.
- Sourcing space-grade solar panels can take almost a year, causing delays in satellite assembly, testing, and launch schedules.
- Establishing lower tariff codes for space-grade imports or building a domestic ecosystem could help address this issue.
- Investments in infrastructure at the University-level to support labs with advanced photolithography and other equipment could help in building expertise.
- India will take at least another 20 years for the ecosystem to fully mature.
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