India Space Industry: Challenges and Opportunities

India’s Space Industry has grown exponentially over the last six decades with considerable expansion in its scope and domain.

Space industry engaged in:

• Design and development of launch vehicles.
• Development of satellites and related technologies for earth observation, telecommunication & broadband and navigation.
• Entering the domain of navigation, meteorology, and space science.
• R&D in space sciences.
• Planetary exploration like MOM (Mars Orbiter Mission), etc.

Opportunities in Indian Space Sector

• Low Cost: The Indian space sector has the potential of launching space vehicles at a much lower cost.
• Good past Record: India has so far launched 385 foreign satellites ....