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New Delhi, May 5 (PTI) The government's decision to ease foreign direct investment (FDI) in the space sector will help attract foreign players as well as startups and will boost demand for high-tech jobs, experts say. ....
India News: India will have its own space station by 2035 and become a commercial hub in the space sector. Prime Minister Narendra Modi announced this at the Vikram Sarabhai Space Centre in Thiruvananthapuram. The Indian space economy is set to increase five-fold in the next 10 years to touch $40 billion. ....
ISRO chairperson S Somanath calls for de-regulating controls in the space sector to promote growth and progress, emphasizing the role of the private sector in India s satellite-building capabilities. ....
India’s current space sector is valued at approximately $8 billion and has been growing at a rate of about 4 per cent per year, which is higher than the global average of 2 per cent. It is expected to reach $40 billion by 2040 ....