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India emerging as World Space Hub for cost-effective launch of satellites: Dr Jitendra Singh

Science and Technology Minister Dr Jitendra Singh today said that India is fast emerging as World Space Hub for cost-effective launch of satellites.

Speaking at the India Leads-2021 Summit organized by FICCI in New Delhi, he said, India has earned worldwide recognition for launching lunar probes, building satellites and ferrying foreign satellites.

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Dr Singh said, over the past few years, Space Industry is emerging as one of the most lucrative industries globally and demand for Nano, micro and mini satellites and re-usable and small satellite launch vehicle systems are anticipated to drive the market.

He said,ISRO has forged a strong relationship with many industrial enterprises, both in the public and private sector, to implement its space projects.

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