ISRO has addressed employee concerns, stating that private sector participation in space is not a threat but an expansion of the ecosystem. The agency will focus on advanced missions like Bharatiya Antariksh Station (2035) and crewed Moon mission (2040), while routine production shifts to industry. India aims to grow its space economy from $8.4B to $44B by 2033.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›Current Space Economy: $8.4 billion
- ›Target Space Economy: $44 billion by 2033
- ›Target this Data: $8.4 billion (current space economy), $44 billion (target by 2033)
- ›Target this Nodal Body: ISRO (under Department of Space, PMO)
- ›Target this Legal Point: Indian Space Policy 2023
Mastered this topic? Test your knowledge with a full MCQ quiz.
Practice exam-style questions, track your score, and strengthen your recall.