New Delhi, March 24 -- Emphasising the critical role of collaboration in advancing India's rapidly evolving space sector, stakeholders from government, industry and academia on Tuesday underscored the need to strengthen partnerships to accelerate the country's NewSpace economy.

At a conclave organised by the Confederation of Indian Industry (CII) in collaboration with IN-SPACe, experts highlighted that deeper industry-academia engagement would be key to translating research and innovation into commercially viable outcomes, while also building a future-ready workforce.

Chairman of IN-SPACe, Dr Pawan Goenka, described the space sector as a "sunrise sector" that has undergone significant transformation in recent years. "While the sector is...