overview

The Indian Space industry was valued at USD 7 bn in 2019 and aims to grow to USD 50 bn by 2024. With recent policy initiatives and private sector participation, the Indian space sector expects to capture a larger share of the global space economy which is estimated at ~US$ 423 billion. Space Technology plays an important role in the economic, social, technological and scientific developments of a country. The space sector requires highly skilled experts with a broad interdisciplinary perspective.

The M.Tech in Space Technology program will assist students in developing a strong background knowledge of the technology and engineering processes of the space industry. During the program, students will have the opportunity to work on various individual and group projects and develop industry-based skills with a practical, real-world approach. The program will explore the key elements of designing, planning and building both spacecrafts, satellites and launch vehicles. The scope of the program also covers crucial aspects such as the application of computational processes to the design process as well as learning about the best practices in the space industry. Once the program is completed, students will have the right skill-set required to work in various roles across the diverse segments of the space industry.

We are fortunate to have the expertise of AADYAH Aerospace, our industry partner for our M.Tech in Space Technology program. Students enrolled in the program will have the opportunity to learn from industry experts and continuously build professional competencies that are highly sought after in the Space Industry. The students will also be learning about the latest innovations in the industry through master classes, industry visits, and internship opportunities in collaboration with AADYAH Aerospace.

Opportunities:

• Careers in Space Technology: Space scientist, Plasma Physicist, Aerospace Engineer, Avionics Technician and more
• Currently, India constitutes 2-3% of the global space economy and is expected to enhance its share to more than 10% by 2030 at a CAGR of 48%. (Source: IBEF)
• According to former ISRO’s Chairman, Mr. K Sivan, the number of private company proposals in the space sector has increased by 30% in 2021 from 22 proposals in 2020. (Source: IBEF)
• India is home now to more than 100 startups in the Space Technology Sector, creating many lucrative job opportunities in the space sector (Source: LiveMint)
• The global SpaceTech industry is expected to grow to $10T in value by 2030 (Source: SpacetechGlobal)
• The Space Industry is growing at a CAGR of 5.6% and is expected to be valued at US$ 558 billion by 2026 (Source: ResearchAndMarkets)

fee structure: