With India’s space economy projected to grow beyond $40 billion by 2040, “sky is not the limit” for India’s space journey, Union Minister Jitendra Singh has mentioned in accordance to a PTI report. Speaking at the Central University of Jammu’s Campus Dialogues on Chandrayaan-3, Singh emphasised Prime Minister Narendra Modi’s function in unlocking the potential of the space sector. “After the successful Chandrayaan-3 mission and the unlocking of the space sector by Prime Minister Narendra Modi, the sky is not the limit for India’s space journey,” he mentioned.
Singh, who is additionally the Minister of State (Independent Charge) for the Union Ministry of Science and Technology, highlighted India’s exceptional progress in space analysis. Currently standing at $8 billion, India’s space economy has flourished due to PM Modi’s “courageous decision” to liberate the sector from previous limitations, Singh mentioned. “India’s space economy is projected to grow beyond $40 billion by 2040 and, according to the ADL (Arthur D Little) Report, it has the potential to go beyond $100 billion by 2040 — which is going to be a gigantic jump,” he was quoted as saying.
Singh additionally mentioned the profitable Chandrayaan-3 mission and India internet hosting the G20 Summit in New Delhi. He proudly acknowledged that India is now on par with nations like the US, who launched into their space journeys many years in the past. The minister attributed India’s quantum leap in space exploration to the supportive ecosystem created by the Modi authorities.
Singh, who is additionally the Minister of State (Independent Charge) for the Union Ministry of Science and Technology, highlighted India’s exceptional progress in space analysis. Currently standing at $8 billion, India’s space economy has flourished due to PM Modi’s “courageous decision” to liberate the sector from previous limitations, Singh mentioned. “India’s space economy is projected to grow beyond $40 billion by 2040 and, according to the ADL (Arthur D Little) Report, it has the potential to go beyond $100 billion by 2040 — which is going to be a gigantic jump,” he was quoted as saying.
Singh additionally mentioned the profitable Chandrayaan-3 mission and India internet hosting the G20 Summit in New Delhi. He proudly acknowledged that India is now on par with nations like the US, who launched into their space journeys many years in the past. The minister attributed India’s quantum leap in space exploration to the supportive ecosystem created by the Modi authorities.
Watch: PM Narendra Modi calls ISRO chief S Somnath to congratulate him on huge Chandrayaan-3 success
Furthermore, Singh highlighted the elevated participation of public-private partnerships in the space sector, main to an increase in startups. The central authorities has taken initiatives to set up space know-how instructing facilities in larger training establishments, exemplified by the ISRO Teaching Centre at the Central University of Jammu and NIT-Agartala.
Singh additionally touched upon the key options of the new National Education Policy, which empowers Indian youth to select or change topics primarily based on their aptitude, ability, and curiosity, liberating them from the confines of their aspirations.
