Union Minister Jitendra Singh hails India as a global hub for space & tech investments
New Delhi, November 18, 2025 (ANI): Union Minister Jitendra Singh says, "...Not only do we have quality startups, they are also turning into very lucrative entrepreneurs and India has now started attracting engagement, investment in the space sector from across the world. India is fast emerging as a preferred global destination for space sector engagement and investment. From a decimal economy, today we are an eight-million US economy...We hope to go up four, five times in the next eight, ten years, which means around 40-45 billion...Space will be an important contributor to India's future economic growth..." He also says, "The entire warfare has been totally transformed into a technology-driven warfare. The contact warfare is now on the decline and Operation Sindoor was one of the best vindications of India's achievements both in the space sector as well as in the atomic energy sector and we have succeeded in demonstrating our capacities, which would not otherwise be easy to demonstrate because you can't blow up missiles and just test how efficiently it works. But incidentally, Pakistan gave us an opportunity to test our capacities"
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