How has the space sector contributed to India's GDP over the last decade and what significance does it hold
Explore the role and economic impact of the space sector on India's GDP over the past ten years.
- Contribution to GDP: India's space sector has contributed around 0.05% to 0.1% of the country's GDP over the last decade.
- Significance: The space sector plays a crucial role in driving innovation, technological advancements, and infrastructure development in India.
- Space Exploration: India's successful space missions like Chandrayaan and Mangalyaan have showcased the country's capabilities in space exploration.
- Commercial Opportunities: The space sector has opened up commercial opportunities for satellite launches, satellite services, and data analytics, contributing to economic growth.
- Job Creation: The sector has also generated employment opportunities for skilled professionals, further boosting the economy.
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8 months ago