India Targets $45 Billion Space Economy Driven by Private Firms
PositiveTechnology
- India is advancing its space ambitions with a target of establishing a $45 billion space economy driven by private firms, aiming for a sustained lunar presence within the next decade as part of its broader vision to become a developed economy by 2047.
- This initiative underscores India's commitment to enhancing its technological capabilities and fostering private sector involvement in space exploration, which is expected to stimulate economic growth and innovation in the country.
- The push for a robust space economy aligns with India's broader technological goals, including achieving parity in chipmaking with major global producers by 2032, reflecting a strategic focus on self-reliance and competitiveness in the global technology landscape.
— via World Pulse Now AI Editorial System
