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The Artemis Accords refer to a non-binding multilateral arrangement on use of space led by the US and signed onto by several governments. These accords have established a framework of principles, guidelines, and best practices to ensure peaceful space exploration in a transparent manner. India signed the Artemis Accords in June 2023. India becoming a part of these accords is viewed as an important step towards expanding the Indo-US strategic partnership further. However, these accords are in conflict with the concept of Common Heritage of Mankind (CHM). The final aim of the Artemis Programme is to facilitate the outreach of humans to the Moon and Mars. Some provisions in these accords are at variance with the existing norms building process in the space domain. This article identifies the limitations of these accords and argues that as a signatory nation, India needs to remain watchful and ensure that its strategic and commercial interests are well protected. [ABSTRACT FROM AUTHOR]