Sensex
83,432.89 profit arw 193.42 (0.23%)
Nifty
25,461.00 profit arw 55.70 (0.22%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 13-Mar-2025
Economy - Reports
13-Mar-2025     11:46

India has set target to grow its space economy from $8.4 billion in 2022 to $44 billion by 2033

The global space economy is projected to exceed $1.8 trillion by 2035, with commercial satellite services, deep-space exploration, and space-based infrastructure driving expansion, highlights FICCI-EY report on 'Unlocking India's Space Economy ' Pathways to Growth, Innovation and Global Leadership', released yesterday at Bharat Space Conclave 2025', organized by FICCI. The report further states that India has set an ambitious target to grow its space economy from $8.4 billion in 2022 to $44 billion by 2033, aiming to capture 8 per cent of the global market. This growth is being fuelled by policy reforms, private sector participation, and increased international collaboration, supported by the Indian Space Policy 2023 and institutions such as IN-SPACe and NSIL.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

23,916.07 -153.88(-0.64%)