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.