SPACE VISION
Business Today India
|January 19, 2025
The government will focus on R&D and ambitious missions, such as human spaceflight, while operational responsibilities increasingly transition to the private sector
INDIA'S CONTRIBUTION to the global space economy is currently just 2%, which highlights the need for significant growth. One of our key goals is to increase this share to 10% over the next decade. To achieve this, we are prioritising public-private partnerships (PPPs), enabling start-ups and other companies to play a larger role in space activities.
That includes transferring operational tasks to private players, encouraging private missions, and supporting start-ups in every aspect of the space sector. Additionally, we are supporting foreign direct investment and introducing new PPP models under NewSpace India Limited.
We have created a comprehensive 25-year road map, called the Space Vision, which outlines ambitious goals, including an Indian landing on the Moon by 2040. This requires several precursor activities, such as the continued Chandrayaan programme. Another major initiative is the development of a space station, which we aim to operationalise by 2035, along with extending the human space programme. We are also focussing on application-oriented programmes by involving user communities in areas like communication and Earth observation satellite launches. This approach will expand the commercialisation of data and revenue generation opportunities in the sector.
The Indian Space Research Organisation (Isro) has a rich history of collaboration with global players such as NASA, CNES (France), Roscosmos (Russia), and JAXA (Japan). These partnerships have been pivotal in technology acquisition and joint missions. Our focus is now expanding to include emerging space nations, helping their industries connect with India's space ecosystem.
Diese Geschichte stammt aus der January 19, 2025-Ausgabe von Business Today India.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Today India
Business Today India
The Start-up She-shift
Women founders are reshaping India's start-up landscape-breaking biases, defying funding gaps, and proving that entrepreneurship is no longer a space they're expected to enter quietly or temporarily
4 mins
December 21, 2025
Business Today India
The Male Gaze at Work
Can India Inc. truly progress if the male gaze continues to shape women's everyday reality at work?
5 mins
December 21, 2025
Business Today India
Towards Financial Independence
While gold and FDs were once the default option, today's women are exploring MFs, equities, and other financial products
5 mins
December 21, 2025
Business Today India
Clothes Maketh A Woman?
Appearance expectations don't always show up as written dress codes or grooming rules. More often, they seep into culture in quiet but powerful ways
3 mins
December 21, 2025
Business Today India
BEST Management Advice
Learning is a constant process and the world that we live in today demands both un-learning as well as learning. So, work to enhance your skills and build your knowledge
2 mins
December 21, 2025
Business Today India
Transforming Women's Rights
The Labour Codes will not only unlock the untapped potential of the female workforce but also empower women through increased participation in the economy
3 mins
December 21, 2025
Business Today India
Ambition versus Biology
Elective egg freezing once largely a medical necessity-has gradually transformed into a planned step in long-term career and life strategy
4 mins
December 21, 2025
Business Today India
The Silent LOAD
Women are climbing the career ladder, but invisible burdens and structural barriers are still weighing them down
5 mins
December 21, 2025
Business Today India
Understanding Egg Freezing
For many, egg freezing is not about delaying motherhood; it is about keeping a door open
3 mins
December 21, 2025
Business Today India
A Bigger Canvas
For Ritu Gangrade Arora, Country Head- India, Allianz Services Pvt Ltd, the latest venture seems like a new beginning
2 mins
December 21, 2025
Listen
Translate
Change font size

