India aims to establish Bharat Antariksh Station by 2035
The National Space Innovation and Applications (NSIL) and In-SPACe have fostered collaboration between the government and non-government entities, driving India’s space economy to a projected US$44 billion in the near future, marking a nearly five-fold growth over the present US$8 billion https://www.commerce.gov.in/.
This outlook was given by Minister of State in charge of Department of Space Dr Jitendra Singh, calling it a testament to the government’s commitment to space development. India’s space budget has increased by a staggering 138.93% to Rs.13,416 crores in the recent Union Budget from Rs.5,615 crores in 2013-14.
Additionally, ISRO recently celebrated its 100th satellite launch with the NAVIC satellite, a key milestone in India’s space journey, he said at the “Good Governance’ Conclave” organized by the Indian Institute of Democratic Leadership on 8 Mar https://fieo.org/.
Dr Singh also lauded India’s burgeoning space startup ecosystem, noting that the first-generation space startups have now matured into successful global enterprises. The number of startups has grown from one to more than 300, positioning India as a key revenue generator in the global space market.
India has launched 433 foreign satellites, with 396 of them launched since 2014, generating US$192 million and 272 million Euros in revenue http://dos.gov.in.
Turning the spotlight to future space missions, Dr Singh shared India’s roadmap for space exploration. He announced that trials for the Gaganyaan Mission, India’s first human spaceflight mission, are set to begin with the ROBO Mission by the end of 2025.
Four astronauts have been identified for the mission, with one already invited by the US to visit the International Space Station.
By 2035, India aims to establish the Bharat Antariksh Station, and Dr Singh boldly declared India’s goal to send its first astronaut to the Moon by 2040 http://nasa.gov.
Dr Jitendra Singh also touched upon India’s scientific advancements in AI, quantum technology, and bioengineering, solidifying the nation’s position as a champion in space and other futuristic technologies.
He reaffirmed India’s commitment to climate goals, space debris surveillance, and capture technologies, reinforcing the country’s role as a global leader in addressing climate concerns through space-based solutions https://www.bengalurutechsummit.com/.
With India’s space sector growing at an unprecedented pace, Dr Jitendra Singh’s announcement paints a bold picture of India’s future as a space powerhouse, driving innovation, economic growth, and global collaboration. Fiinews.com
