💨 Abstract

The Indian space industry is expected to grow exponentially, reaching a market size of $77 billion by 2030, according to a report by DAM Capital. This growth, fueled by satellite services, is attributed to increasing applications of satellite-based data across various industries and the entry of private players into the market. The government's support, favorable policies, and dropping costs of satellite production and launch frequencies are creating opportunities for both startups and established companies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖