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Andhra Pradesh News Updated May 27, 2026

India Aims for $40 Billion Space Industry, Says Minister After Balloon Launch

Union Civil Aviation Minister Ram Mohan Naidu launched India's first Super Pressure Balloon in Vijayawada, calling it a landmark moment. He said India's space industry is currently worth $8 billion and aims to reach $40 billion within a decade under PM Modi's leadership. Naidu highlighted Andhra Pradesh's emergence as a hub for data centers and AI technologies. He also confirmed that the DGCA has implemented standard operating procedures at airports for Ebola preparedness.

"India to become $40 billion space industry," says Ram Mohan Naidu after launching country's first Super Pressure Balloon in Vijayawada

Vijayawada, May 27

Union Civil Aviation Minister Ram Mohan Naidu on Wednesday participated in the launch of India's first Super Pressure Balloon by Red Balloon Aerospace in Vijayawada, calling it a landmark moment for both the country and Andhra Pradesh amid India's rapid advances in space and technology.

Describing the launch as a significant milestone, Naidu said the event reflects India's growing strength in the space sector under Prime Minister Narendra Modi's leadership and highlights Andhra Pradesh's emergence as a hub for future-focused technologies.

"It is a great moment for the country and also the state of Andhra Pradesh for launching this technology here. It's a great moment also because of the kind of advancements that India has been seeing in space, technology and the spatial background. Under the Prime Minister's leadership, we have achieved a lot of success in the last twelve years, especially under the NDA government, where there has been a specific push in Indian space technology," Naidu told the media after the launch.

The minister also pointed to Andhra Pradesh's expanding role in the technology sector, saying the state is witnessing rapid development across emerging industries.

"You have seen data centres coming up in Andhra Pradesh, which is going to be the future base for artificial intelligence and machine learning. So many different things are happening in the state of Andhra Pradesh," he said.

Highlighting India's growing economic footprint in the global space industry, Naidu said the country is aiming for major expansion in the coming decade.

"Today, we are an eight-billion-dollar industry in space because of the Prime Minister. In the next decade itself, we are aiming to become a 40-billion-dollar space industry," he said.

During the interaction, Naidu also addressed concerns around Ebola preparedness, stating that the Directorate General of Civil Aviation (DGCA), in coordination with the Ministry of Health, has already put in place standard operating procedures at airports across the country.

"The DGCA has already given instructions in correspondence with the Ministry of Health. We have worked out certain SOPs that if any person is detected, then what are the quarantine measures and what are the subsequent testing measures that need to be taken," he said.

"All the airports have been informed, especially the international airports," the Union minister added.

Meanwhile, CVS Kiran, CEO of Red Balloon Aerospace, termed the launch a historic milestone for India's aerospace journey.

"We have successfully connected India's first historic moment today. India's first super-pressure balloon has been launched from Vijayawada, marking a historic moment for the country, as well as India joining the allied countries where stratospheric super-pressure balloon systems are available," Kiran told the media.

"Hopefully, this develops into the next level of products that we are developing, that is, aerostats and airships," he added.

— ANI

Reader Comments

Priya S

The space sector growth is impressive but let's not forget the basics – we still need better connectivity in smaller towns and more investment in school-level STEM education. A 40 billion industry needs a workforce that's ready for it.

Siddharth J

As someone from Vijayawada, this is huge! 🚀 Red Balloon Aerospace putting us on the map. Hope this brings more jobs to local youth. Also good to see the govt is thinking about Ebola protocols too – proper planning is key.

Ashwin V

The stratospheric balloon technology is fascinating – it's like having a low-orbit satellite without the cost. But I'm curious about the ROI here. Are these for communications, surveillance, or scientific research? Need more clarity on the commercial applications.

Kavya N

Proud moment for India! 🇮🇳 The data centres and AI push in AP is the right direction. But I hope we also invest in training our engineers for these high-tech jobs. SpaceX is doing amazing stuff, and we need to keep up with private sector innovation.

Naveen S

Good news overall, but the government should focus on execution rather than just announcements. We've heard many such targets in the past. Let's see if the 40 billion goal has concrete milestones and timelines. Also, Ebola preparedness is important but hope they're equally proactive about dengue and other local health issues.

T We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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