• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

India’s Space Economy To Increase Threefold In Next 10 Years: Minister

OMMCOM NEWS by OMMCOM NEWS
December 14, 2024
in Nation

New Delhi:  The country’s space economy is set to increase threefold in the next 10 years, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Saturday.

Addressing a media event in the national capital, the minister said that India’s space, marine and Himalayan resources, which remained inadequately explored before Prime Minister Narendra Modi took over, will contribute substantially to India’s future economic growth.

“India is on the path of raising its space sector to global standards. The country has made a quantum jump since 2014 in the space economy,” he noted.

“Currently, India’s space sector contributes eight to nine per cent of the world space economy and this could increase threefold in the next 10 years. This could not have been possible without the active leadership of PM Modi,” the minister emphsised.

Answering to a question on how India can unleash benefits out of its natural resources in future in terms of creative growth, the minister said that PM Modi has opened the space sector for private players which offers an ample opportunity to harness benefits.

“Though ISRO was born later than NASA but today, it is no longer lagging behind any other organisation in the world. Its capacity is going up day by day. So far, we have launched more than 432 satellites and out of which, 397 were launched after PM Modi took over in 2014,” Dr Singh informed.

Dr Singh said, India will have its own space station by 2035.

“We need to explore unexplored areas. There is no dearth of resources, potential, commitment and passion,” he added.

The space sector that was kept under wraps for 60-70 years, has now been opened to the public sector with the 2023 New Space policy, leading to a significant boom in the industry.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Israeli Envoy In Mumbai Flays Violence, Persecution Of Hindus In Bangladesh

Next Post

UPI Transactions Surge To Rs 223 Lakh Crore In Jan-Nov

Related Posts

Nation

Agencies Should Work In Coordination To Maintain Law And Order On Eid: CM Fadnavis

June 2, 2025
Nation

Border Dispute: Assam And Meghalaya CMs Hold Talks

June 2, 2025
Nation

India, France Discuss Progress Of Free Trade Agreement Negotiations

June 2, 2025
Nation

K’taka: Spl Unit To Curb Communal Violence Formed With An Objective To Target Hindu Leaders, Claims BJP

June 2, 2025
Nation

Andhra To Leverage Space Technology For Real-Time Governance

June 2, 2025
Nation

WBSSC School Job Case: Jobless Teachers Write To Senior Cops Requesting A Meeting With CM

June 2, 2025
Next Post
UPI

UPI Transactions Surge To Rs 223 Lakh Crore In Jan-Nov

Four Poachers Arrested In Balangir For Selling Wild Boar Meat

NIA

J&K Terror Attack: NIA Chargesheets Man For Sheltering Three Attackers

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.