India has built end-to-end capability in space technologies, emerging as space economy: Jitendra Singh
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Union Minister of State for Space Jitendra Singh has said that India is one of the very few countries that have built end-to-end capability in space technologies and added that the country is an emerging space economy. He said ‘India is one of the very few countries that have built end-to-end capability in space. Over the years, space technology has penetrated all walks of life. As a result, there is a huge demand for space-based services which have huge commercial potential’.
He said the government has decided to open up the space sector for the private sector and help companies to enhance their participation in end-to-end space activities with the hand-holding of Indian Space Research Organisation (ISRO). The increased private industry participation will eventually result in an increased contribution of India in the global space economy.
G20 sherpa of India Amitabh Kant said the G20 countries should collaborate on three key areas - manufacturing in space, mining in space and energy in space. He also insisted that policies that create an enabling environment for development and trade in the new space era should be formulated by G20 to allow further collaboration among the member countries.
