India's Space Economy Projected to Reach $45 Billion Within a Decade, Says Dr. Jitendra Singh

India's space industry is forecast to expand significantly over the next ten years. Dr. Jitendra Singh estimates the sector could be worth $45 billion by that time. The projection reflects confidence in upcoming satellite and launch activities. Growth expectations are based on anticipated government and private investments. The space economy includes services such as communications and earth observation. Stakeholders view the forecast as a sign of rising global competitiveness. The Global Kashmir reports that the outlook aligns with national strategic goals. Continued policy support will be crucial to achieving the projected valuation.