BIG announcement for SPACE SECTOR! Indian Space Industry expected to double from USD 8 billion to USD 16 billion in coming years
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New Delhi, Aug 26: Prime Minister Narendra Modi addressed the scientists of the Indian Space Research Organisation (ISRO) at the ISRO Telemetry Tracking and Command Network (ISTRAC) in Bengaluru, marking an occasion in India's space exploration journey with the successful landing of Chandrayaan-3 on the Moon.
PM Modi during his address to the ISRO scientists highlighted the importance of exploring India's scientific knowledge heritage, which had been buried during centuries of foreign rule. The PM concluded by noting that India's space industry is expected to grow from $8 billion to $16 billion in the coming years, reflecting a robust space sector. He urged students to participate in a quiz competition on the Chandrayaan mission organized by MyGov from Sept 1, 2023.
VIDEO | “Today, several experts are saying that in the coming years, India's space industry will grow from 8 billion dollars to 16 billion dollars,” says PM Modi as he addresses ISRO scientists in Bengaluru on the successful landing of Chandrayaan-3 on Moon's surface. pic.twitter.com/n3FBuxYjQZ
— Press Trust of India (@PTI_News) August 26, 2023
He emphasized the significance of taking the lead in science and technology in the 21st century, highlighting that India has become the world's youngest talent factory, with immense opportunities awaiting the youth in various fields. The Prime Minister encouraged young generations to explore opportunities from 'Deep Earth' to 'Deep Sea,' next-generation computing to genetic engineering. Guidance for future generations is essential and the Prime Minister concluded by expressing his faith in scientists.
He believed that the blessings of the people would lead India to become a global leader in science and technology, making the dream of a developed India by 2047 a reality through the same spirit of innovation. The successful landing of Chandrayaan-3 on the Moon has not only expanded India's capabilities in space exploration but has also inspired a new generation of scientists and innovators to dream big and reach for the stars.
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