USD 13 billion investments in space sector added USD 60 billion to India's GDP: Report

India has invested approximately USD 13 billion in the space sector in the last decade, resulting in a significant contribution of USD 60 billion to the GDP. This has led to the creation of 4.7 million jobs and a boost in the revenues of the space sector. The country aims to achieve further milestones such as commissioning the Bharatiya Antariksha Station and landing Indian astronauts on the Moon. The government's supportive policies and initiatives are fostering a conducive environment for private companies to thrive in the space industry, positioning India as a potential global space leader.