India's space economy set to soar
Geopolitics|April 2024
India's burgeoning space economy could see a substantial increase in its global share by 2040. At present, India's space sector contributes a modest $8 billion to the overall cake. However, the government has set its sights on an ambitious target, aiming for a five-fold surge in India's share of the global space economy.
India's space economy set to soar

India aspires to surge its share in the global space market from two per cent to 10 per cent within the next six years Addressing the inauguration of the Technical Centre of IN-SPACe in Ahmedabad, Minister for Science and Technology Jitendra Singh revealed that India aims to capture 10 per cent of the global space market by 2040, up from its current two per cent share. He cited projections from the recent ADL (Arthur D Little) Report, suggesting that India has the potential to reach a staggering $100 billion in space economy by 2040.

Diese Geschichte stammt aus der April 2024-Ausgabe von Geopolitics.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der April 2024-Ausgabe von Geopolitics.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS GEOPOLITICSAlle anzeigen
THE NEW WAVE OF MARINE LANDING CRAFT.
Geopolitics

THE NEW WAVE OF MARINE LANDING CRAFT.

BAE Systems' new Littoral Strike Craft combines advanced stealth, comfort, and modularity to redefine modern amphibious mission capabilities.

time-read
3 Minuten  |
December 2024
PROVEN AIP FOR S80 SUBMARINES
Geopolitics

PROVEN AIP FOR S80 SUBMARINES

The BEST AIP system is capable of operating at any depth and in all operational conditions, allowing it to adapt to any Navy mission and making it the most advanced AIP system on the market.

time-read
3 Minuten  |
December 2024
SHAPING THE FUTURE OF AI SECURE, SCALABLE, AND INNOVATIVE
Geopolitics

SHAPING THE FUTURE OF AI SECURE, SCALABLE, AND INNOVATIVE

Tardid leverages modular AI designs, robust cybersecurity, and adaptability to deliver secure and scalable solutions, integrating emerging technologies and refining strategies through realworld deployments, shares AASTHA VERMA, Chief Operating Officer, Tardid Technologies, with Geopolitics

time-read
5 Minuten  |
December 2024
TOT-AN IMPERATIVE FOR SUBMARINE MANUFACTURING
Geopolitics

TOT-AN IMPERATIVE FOR SUBMARINE MANUFACTURING

India's transition from offset strategies to fostering self-reliance through technology transfer (TOT) and local assembly highlights the significance of global collaborations like thyssenkrupp Marine Systems in shaping a robust, indigenised defence ecosystem, a perspective shared by KHALIL RAHMAN, CEO, thyssenkrupp Marine Systems India.

time-read
5 Minuten  |
December 2024
ENHANCING INDIAN NAVAL AVIATION
Geopolitics

ENHANCING INDIAN NAVAL AVIATION

JYOTI SINGH reports how a powerful Indian naval air arm will prove to be the biggest seabased conventional level deterrence, both for the tactical and strategic battlefields

time-read
10 Minuten  |
December 2024
PROJECT-751-30 YEARS ON
Geopolitics

PROJECT-751-30 YEARS ON

India's ambitious Project-751, aimed at procuring six advanced submarines, remains stalled nearly three decades after its inception.

time-read
7 Minuten  |
December 2024
WINGS OVER THE OCEAN
Geopolitics

WINGS OVER THE OCEAN

Indian Naval Aviation is dramatically upgrading its combat potency with its latest inductions, writes Atul Chandra

time-read
7 Minuten  |
December 2024
HOW INDIA IS RESHAPING REGIONAL DETERRENCE, MARITIME DOMINANCE
Geopolitics

HOW INDIA IS RESHAPING REGIONAL DETERRENCE, MARITIME DOMINANCE

In the theatre of modern geopolitics, control over the seas is synonymous with strategic dominance. With its vast coastline and critical position in the Indo-Pacific, India has always recognised the importance of maritime strength, outlines GIRISH LINGANNA

time-read
5 Minuten  |
December 2024
BUILDERS NAVY
Geopolitics

BUILDERS NAVY

The Indian Navy's modernisation efforts are picking up steam, with domestic shipyards running at full capacity, reports MIKE RAJKUMAR

time-read
8 Minuten  |
December 2024
THE NAVY'S NEED FOR SUBMARINES
Geopolitics

THE NAVY'S NEED FOR SUBMARINES

While aircraft carriers have their place, submarines provide India with a more flexible, cost-effective, and survivable option for projecting power and maintaining deterrence in a complex and evolving strategic environment, argues AMIT GUPTA

time-read
10+ Minuten  |
December 2024