Considering that Indian space has gained 'open skies' in the last 12 months, there is a lot of catching up to do before its real potential is unleashed. What is being done to channel this energy creatively? And what is the fizz in the sector?
Space Market dynamics are changing with the liberalisation of the sector. There are a number of policies being announced by the government that has enthused interest in private space companies to be the co-travelers in India's space journey and contribute substantially to the global space economy.
As per Dr S Somanath, Chairman ISRO, India targets to garner a 10 percent market share at $50 billion by 2025 and 50 percent market share at $0.75 trillion by 2047.
India at present is witnessing the emergence of a robust space ecosystem with larger investments and internationally competitive their global actors rivaling counterparts with aggressive expansion strategies.
However, the benefits of an open-sky policy can only be realised when the policy allows market economics to drive the supply and demand of satellite capacity between users and satellite operators. We hope the upcoming space policy brings liberalisation and ease of access.
It is evident that the private sector is enthused by the opening up of the sector, but some things can only be done by the government like the Hubble Telescope (on the other end of the world) or Mangalyaan. It costs millions of dollars and there is no shareholder value although it brings enormous value to mankind as a whole. What convergence or divergence. going forward in terms of projects being embraced?
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NEW MANTRA FOR DISPUTE RESOLUTION
AMIT COWSHISH explains why the Ministry of Defence (MOD), which is one of the biggest spenders, needs to watch out for the latest mediation rules.
NEW WAVE TERRORISM IN JAMMU & KASHMIR
KARAN KHARB argues that Pakistan's continued use of proxy war tactics against India, particularly in Jammu and Kashmir, poses a severe threat to national security. He advocates for a shift from a reactive to a proactive approach in counter-terrorism efforts, emphasizing the need for a comprehensive review of military strategies and a coordinated national policy to address both external and internal security challenges effectively.
INDIAN NAVY'S PROJECT-751 - GERMAN TKMS LEADS SPANISH NAVANTIA AFTER FIELD TRIALS FOR AIP-SUBMARINE DEAL
German submarine-builder ThyssenKrupp (TKMS) and India's Mazagaon Dockyard Limited (MDL) have emerged as leaders in the Indian Navy's Project-751, which aims to build six submarines with Fuel Cell Air-Independent Propulsion (AIP) and Lithium-ion batteries. Following successful field trials, TKMS and MDL have gained an edge over competitors by demonstrating their proven AIP technology and advanced submarine design tailored to the Indian Navy's needs.
VIKSIT BHARAT FROM A DREAM TO REALITY
The article explores India's ascent as a global influencer, emphasising its strategic advancements in foreign policy, defence, and economic growth. It also highlights India's challenges in achieving sustainable development and strengthening internal security. Adopting a forward-looking approach, the article envisions India's rise as a major economic power and a key player in global stability, as outlined by LT. GEN. A.B. SHIVANE (RETD.).
WILL MODI APPLY THE LESSON LEARNT FROM KOREA IN UKRAINE?
Speculation around Prime Minister Narendra Modi's possible visit to Ukraine raises questions about India's role in mediating peace between Russia and Ukraine. Drawing from its experience during the Korean War, India may seek to leverage its strategic neutrality to foster dialogue in a conflict where China and Turkey have also shown interest, opines PRAKASH NANDA.
UGVS: THE NEXT DIMENSION OF WARFARE
With the rest of the world developing unmanned ground vehicles at a breakneck speed, it is time for India to join the bandwagon at the earliest.
SUPERSONIC DESTROYER
The BrahMos programme has filled a critical gap in the Indian armed forces' missile inventory and continues to attract strong export interest, writes ATUL CHANDRA.
POLICE MODERNISATION: AN URGENT NEED OF THE HOUR
India is facing many internal security threats, and it is time to reshape the strategic dynamics by modernising the police forces.
FUTURE FIGHTER
FIA 24 provided important insights into the Global Combat Air Programme, which will redefine the future of air combat, reports MIKE RAJKUMAR.
FILLING THE GAP
A new Medium Transport Aircraft is essential for the IAF, but it will have to compete with other pressing programmes fighting for limited budgetary resources, analyses ATUL CHANDRA.
