On April 20, 2026, the Korea Aerospace Administration (KASA) and Indian National Space Promotion and Authorization Centre (IN-SPACe) co-hosted the first India-Korea Space Day in Bengaluru, on the sidelines of Republic of Korea President Lee Jae Myung state visit to India. The event was organised as a follow-up measure to a Memorandum of Understanding signed last year between KASA and the Indian Space Research Organisation (ISRO) and was designed to elevate space industry cooperation from exchange to commercialisation, with explicit emphasis on technology exports and joint development. Nine Korean firms including Korea Aerospace Industries Limited and Innospace delivered keynote presentations on their core capabilities alongside nine Indian companies, while more than 80 Indian companies applied to participate in advance, signalling strong local demand for partnership opportunities with Korean space firms. The two sides also formalised a Joint Working Group between ISRO and KASA to scope concrete projects in launch services, satellite components, propulsion, ground stations and downstream Earth-observation analytics, leveraging India low-cost launch ecosystem and Korea precision-engineering and component capabilities. The Bengaluru event aligns with India Space Policy 2023, the indigenous private launch and constellation pipeline through firms such as Skyroot, Agnikul and Pixxel, and the Modi government goal of building a 44 billion US dollar Indian space economy by 2033. It also positions Korean industry to access Indian fabrication, integration and testing capacity and complements the broader Joint Strategic Vision 2026-2030 adopted in Delhi the same day.