Space races first emerged between U.S. and Soviet Union during the cold war, but suddenly ended in 1991 when the Soviet Union collapsed. Since major powers in the world-the US and Russia-no longer invest enough resources in research and developments of space-related technologies. On the contrary, new Asian giants, particularly China, India, Japan and South Korea, started to develop space programs actively. Indian leaders declared that their space program would only serve its civil and economic needs, and that India has absolutely no intent to compete with other countries in any sort of space race. Recently, with China's development on space militarization, India began to follow China's step towards space militarization, leading to a new round of "space race." This paper primarily focuses on India's stance with regard to the use of outer space, and its recent development on space militarization. The primary purpose is to discuss whether India is adjusting its space program towards militarization, and whether India's space program will trigger a new round of space race in Asia in the near future.