What role has the space sector played in contributing to India's GDP over the past decade
Explore the economic impact of the space sector on India's GDP and its growth over the last decade.
- The Indian space sector has made significant contributions to the country's GDP over the past decade through its various activities and projects.
- Space applications such as satellite communication, remote sensing, and navigation have been pivotal in sectors like agriculture, disaster management, and infrastructure development, driving economic growth.
- Commercial satellite launches and satellite data services have also generated revenue for Indian space agencies, boosting the GDP.
- The space sector has facilitated technological advancements, research, and innovation, leading to the growth of high-tech industries in India.
- Overall, the space sector's economic impact on India's GDP has been substantial, fostering development and creating opportunities for growth and investment.
Answered
8 months ago