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What is the contribution of the space sector to India's GDP over the last decade

'Space sector contributed ₹20,000 crore to India’s GDP over the last decade'
space gdp india
Rahul Preparing for Civil Services
Answered 2 years ago
  • Space sector contributed ₹20,000 crore to India's GDP over the last decade.
  • The development and expansion of the space sector have led to job creation and economic growth.
  • Various initiatives like the launch of satellites, space missions, and commercial partnerships have contributed to this economic impact.
  • The space sector has also driven technological advancements and innovation in other industries.
  • It has played a crucial role in enhancing India's reputation in the global space industry.
  • The investment in research, development, and infrastructure within the space sector has boosted the overall economy.
  • Partnerships with international organizations and collaborations have further strengthened India's position in the global space market.