ISRO Chairman sees $10bn opportunity for India's space sector in next 5-10 years, driven by private companies like SFO Technologies.

ISRO Chairman S Somanath envisions a $10bn opportunity for India's space sector over the next 5-10 years, with current industry size at $2bn. The expansion will be driven by private sector companies like NeST Group's SFO Technologies, collaborating on projects like the Gaganyaan mission. SFO Technologies, in line with UN objectives, aims to reduce carbon emissions by 50% by 2035 and achieve zero emissions by 2040.

May 11, 2024
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