In the not-too-distant past, the prospect of private space companies might have seemed like stuff of dreams. However, we find ourselves at a transformative juncture in the space industry. The vast expanse of space has become a competitive arena, attracting a plethora of private ventures, both large and small, eager to explore its unfolding possibilities.
As Arthur C. Clarke once observed, history often proves bold predictions, whether short- or long-term, to be comically conservative. Throughout history, dreamers have catalysed transformative shifts in areas influencing human existence. The ebb and flow of human imagination, coupled with courageous leaps of faith, have consistently elevated standards and facilitated remarkable achievements. The realm of space is no exception—mysterious, expansive, and rich with potential.
By 2027, India is poised to become a $5-trillion economy, securing its position as the world’s thirdlargest based on market exchange rates. The government’s blueprint for this economic ascent revolves around key pillars, including inclusive growth, digital economy promotion, fintech integration, technology-enabled development, energy transition, climate action, and a virtuous cycle of investment and growth. Space technology is set to play a pivotal role in this ascent, leveraging India’s massive population of 1.4 billion, the world’s youngest on average at 28 years.
Denne historien er fra February 18, 2024-utgaven av Business Today India.
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Denne historien er fra February 18, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Pension Scheme - Safety Net
The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math
The Reit Choice?
Real Estate Investment Trusts (Reits) Are Gaining Traction As Interest Rates Stabilise. But Returns Could Be Affected By Adverse Economic Conditions And Market Volatility
CORPORATE - Calling to Account
The sudden exit of Byju's auditor BDO marks the latest in a long series of setbacks for the edtech firm
EMPLOYMENT: Skills Push
The skill development ministry plans to partner with the UGC to improve the employability of undergraduates
Building on a Vision
L&T'S CHAIRMAN EMERITUS A. M. NAIK HAS BUILT A MAMMOTH ENTERPRISE THAT IS BUILDING A NEW INDIA, FROM ITS METRO RAIL SYSTEMS TO THE RAM TEMPLE
"KYS more important than KYC"
Vijay Kedia is a renowned equity investor; the value of his listed portfolio stands at around ₹1,750 crore
ROXX STAR
THE THAR ROXX COMBINES LUXURY WITH PERFORMANCE TO MAKE A STRONG STATEMENT IN THE MID-SIZE SUV SEGMENT
HIT THE GROUND RUNNING
Smartwatches have become indispensable tools for runners, offering real-time insights into pace, distance, heart rate, and more. Here are a few you can consider
TURNING THE TABLES
INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND
THE EVOLUTION OF ATHERA
IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS