India’s investment promotion agency expects the country’s share of the global space sector economy to reach more than 10% by 2030. The stars are aligning for India to join the space race. Factors in its favor include the Ukraine war, growing mistrust between the West and China, and a soon-to-be released domestic Indian space policy. But success could still be years away unless New Delhi quickly sheds its security-first mindset. India’s cabinet greenlighted a long-pending space policy last week, although details aren’t yet public. Space technology firms and their investors hope the new policy will simplify regulation and make foreign...