India's space economy is expected to expand from USD 8 billion to USD 40-45 billion over the next decade, supported by policy reforms, private sector participation and rising commercial activity. The government aims to increase India's share of the global space economy to 8 per cent
The ongoing war between Russia and Ukraine has opened up new opportunities for the Indian space agency, but also delayed the development of the semi-cryogenic rocket engine.
Hyderabad: Indian Space Association (ISpA), an industry body created to be the collective voice of the Indian space industry, was formally launched on 11 October 2021. ISpA aims to undertake policy advocacy and engage with all the stakeholders, including the government and its agencies such as ISRO, IN-Space, NSIL, DoT as well as international agencies […]
Sivan, also the Chairman of ISRO told IANS: "NSIL will acquire three communication satellites- GSAT 20, GSAT 22 and GSAT 24- made by ISRO. The company will be the owner and operator of the satellites."
Modi's message comes after India successfully placed into orbit 19 satellites including Brazil's earth observation satellite Amazonia-1-the primary passenger-in a textbook style.
