Indian space economy is projected to touch USD 44 billion in next decade: Jitendra Singh
Union Minister of State (independent charge) for Science and Technology, Dr. Jitendra Singh has said the Indian space economy has grown to $8 billion and is projected to touch $44 billion in the next decade.
Singh said milestones like the indigenous Gaganyaan Mission, the upcoming Chandrayaan-4 (2027), Shukrayaan (2028), and the Indian Space Station (2030) showcase India’s robust trajectory.
He lauded startups and FDI for fuelling innovation, with missions like SPADEX enabling docking capabilities, marking a leap in technological advancement.
The Vyom Mitra robo mission was highlighted as a precursor to human space exploration.
Jitendra Singh claimed that Biomanufacturing and bio foundries will foster the Fourth Industrial revolution.
“India’s bio-economy, backed by abundant resources from the Himalayas to its shores, was spotlighted as a growth driver," Singh said.
He added that India is one pioneer country who has prepared its BIO-E3 policy.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
Your plastic bottle could be harming your gut! Indian study reveals shocking health risks of nano-plastics
A new study conducted in India provides the first clear evidence that nanoplastics derived from single-use pet bottles can directly disrupt key biological systems that are vital for human health.
Heat beyond control? UN warns Arab region is warming at a record-breaking pace
The Arab region is heating at nearly twice the global average, UN weather experts warned on Thursday, after 2024 saw unprecedented heat, destructive storms and worsening water scarcity impact some of the world’s most vulnerable communities.
Using your air purifier all day? Experts say it could trigger these shocking health issues!
As air pollution continues to grip major Indian metros like Delhi and Mumbai each winter, residents are increasingly relying on air purifiers to combat toxic air levels. However, prolonged and continuous use of these devices may have unintended side effects, cautions a health expert.
UN issues dire warning: Asia faces rising cyclones and flooding like never before
Across southeast Asia, record-breaking rains and flooding caused by back-to-back tropical storms have claimed hundreds of lives and brought devastation and displacement upon entire communities, UN agencies said on Tuesday.
Latest News
Canada commits $40.5M to boost defence sector in Northern territories
FIFA awards Donald Trump a new 'Peace Prize' at 2026 World Cup Draw, stuns critics
Brazilian museum president dies in gym accident after barbell falls on chest
Stranded by IndiGo chaos, techie couple attends their own reception virtually in Hubballi
