Even with the nation launching about 5-7 satellites per year in recent times, it still lags behind in the space race when compared to the US, China and Russia that launched 19, 25 and 34 satellites respectively in 2019, said the Economic Survey 2020 – 21
In 2019, the global space economy was pegged at $366 billion, as per Satellite Industry Association Report (2020) with the commercial satellite industry accounting for nearly 75 per cent of the business. Read More…
