What Happened
India's Space Ambitions Hampered By High Launch Expenses
A recent study found that India’s rocket launch costs are significantly higher than those of the United States, with an estimated cost per kilogram of $13,302 by 2025, compared to $3,225 in the US. The study highlights the importance of scale and experience in reducing launch expenses. As India seeks to expand its space industry, it must address the cost gap to become a competitive player in the global space market. The study was published in Economics Letters and reported by The Economic Times.