The Artemis Accords serve as a watershed moment in space exploration and cooperation. Coming at a time when more nations than ever are gearing up for space adventure, the Accords attempt to plug the gap left open by the Moon Agreement. It sort of creates a global regime of outer space resource exploration and extraction. However, hidden in the plain language is the ultimate goal of commercial resource exploitation and territorial appropriation leading to what many scholars have called as ‘Space Colonisation’. Like its predecessors, the US is attempting to take the benefit of first-mover advantage. However, it cannot do so until it has secured some amount of global acceptance. The Accords are a way of doing that. In this regard, India’s signing of the Accords raises some crucial questions. Drafted by the US, the Accords were never negotiated by India. Therefore, to what extent they cater to the needs of the Indian space industry remains to be seen. Secondly, India does not have a developed private space industry like its US counterpart. It raises doubts about India’s ability to avail private resource exploitation benefits under the Artemis Accords. Thirdly, the provision of ‘safety zones’ in the agreement runs counter to India’s long-standing position of non-appropriation of celestial bodies. These issues, amongst others, question India’s decision to sign the Artemis Accords. The Chapter shall highlight the inequitable relationship that the Accords create that disproportionately benefits US interests with little benefits for India.