Competition Refresher Magazine

Competition Refresher Magazine

Competition Refresher Magazine This article was published in the month of November  The Indian space sector is projected to increase at a ~48% CAGR over the next five years to reach US$ 50 billion. Private sector can drive this growth. Also at present India accounts for only about 2% of the space economy as compared to US which accounts for 56.4% of all companies in the space-tech ecosystem possible because of robust private sector.  Shift from supply driven model to demand driven model Almost every sector starting from agriculture to transport weather department and even urban development now wants satellite data and space technology. Private sector can fill this gap.  Focus on R&D Right now a lot of ISROs resources are being consumed by routine activities which is causing a delay in its strategic objectives. If private companies take over these activities ISRO can more focus on research and development activities new technologies exploration missions and human spaceflight programme competition refresher online.

Competition Refresher Magazine