Space weather, just like its meteorological counterpart, is of extreme importance when it comes to its impact on terrestrial near‐ and far‐space environments. In recent years, space weather research has acquired an important place as a thrust area of research having implications both in space science and technology. The presence of satellites and other technological systems from different nations in near‐Earth space necessitates that one must have a comprehensive understanding not only of the origin and evolution of space weather processes but also of their impact on technology and terrestrial upper atmosphere. To address this aspect, nations across the globe including India have been investing in research concerning Sun, solar processes and their evolution from solar interior into the interplanetary space, and their impact on Earth's magnetosphere‐ionosphere‐thermosphere system. In India, over the years, a substantial amount of work has been done in each of these areas by various agencies/institutions. In fact, India has been, and continues to be, at the forefront of space research and has ambitious future programs concerning these areas encompassing space weather. This review aims at providing a glimpse of this Indian perspective on space weather research to the reader and presenting an up‐to‐date status of the same.