What Happened
India Expands Space Sector Amid Rapid Satellite Activity
India has set a target to expand its space economy to $44 billion by 2033, with plans to develop advanced technologies, commercialize intellectual property, and create innovative space-based applications. The country’s space sector has seen rapid growth, with 548 satellites launched into orbit, including 460 in the past decade. Union Minister Gajendra Singh Shekhawat emphasized the importance of developing advanced technologies and creating high-skilled jobs in the space sector. The government expects growing participation across satellite systems, launch technology, and space applications to contribute to India’s technological and economic development, as reported by TV BRICS.