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.
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.