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Space sector bull run is no longer just a pie in the sky
India seems on its way to a $1 trillion digital economy by 2025. This feat has been enabled by the privatization of the telecom sector nearly 20 years ago. The global space economy will grow to $4 trillion from the current $600 billion by 2040. If India is to participate in this bullish growth, the government must focus on high potential in the
incidental T2BDM sectors.
The most significant demand for the space industry’s bread-and-butter—satellite
manufacturing and rocket-launching—will come from the ‘incidental sectors’ of telecommunications,
defence and meteorology (T2BDM).
Working BoT V3.1976805238 Build 02 April 2020
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