India, Oct. 17 -- The Government of India has issued a release:
NEW DELHI, October 17 : India's Space economy, currently valued at around USD 9 billion, is expected to reach USD 40-45 billion over the next seven to eight years, Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh, said during a media Roundtable here on "Space, Sovereignty and New Economy".
The Minister said India must now move beyond demonstrating its technological capabilities to building globally competitive commercial space companies. He stressed that greater domestic and international investment, predictable demand, faster regulatory ap...