India's "Make in India" space initiative aims to boost economy by increasing space economy share to 10% by 2047, with startups playing a key role.

G20 Sherpa Amitabh Kant stated that India's "Make in India" initiative in space and geospatial sectors is set to drive growth by 2047. At a recent seminar, he emphasized the need for India’s global space economy share to rise from 2% to 10%, with startups playing a crucial role. The initiative aims to foster foreign direct investment and address infrastructure challenges, essential for achieving a $30 trillion economy by 2047.

October 01, 2024
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