India targets 5-fold rise in share of global space economy: Space min
India aims to achieve a "five-fold increase in its share of the global space economy" by 2040, according to the country's space minister, Jitendra Singh. Currently at $8 billion, India's space economy is projected to potentially reach $100 billion by 2040. Singh highlighted the growth of the private space sector, with nearly 200 startups and over Rs 1,000 crore investment in the current fiscal year.
India aims to achieve a "five-fold increase in its share of the global space economy" by 2040, according to the country's space minister, Jitendra Singh. Currently at $8 billion, India's space economy is projected to potentially reach $100 billion by 2040. Singh highlighted the growth of the private space sector, with nearly 200 startups and over Rs 1,000 crore investment in the current fiscal year.
