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Space sector bull run is no longer just a pie in the sky


ItemDate=2021-04-07 00:28:25 Status=publish

TopicTaglist=['G2', 'G16', 'V11']

#Discussion(Startup) [ via IoTGroup ]


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, transportation, banking, defence and meteorology (T2BDM).
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