“The Asian Development Bank (ADB) is considering financing India's rapidly growing space sector, in line with its overall climate finance strategy and support for the Sustainable Development Goals (SDGs). 🚀 India, a founding member and fourth largest shareholder of ADB, since 2010 has become the bank's largest borrower. This review follows significant regulatory changes in the country, including the liberalization of the FII policy for the space technology sector and the release of guidelines for the implementation of the Indian Space Policy 2023."