News Snapshot:
Bengaluru: Thanks to India’s well-developed space programme, the satellite manufacturing sector is likely to grow to $3.2 billion in market value in 2025 from $2.1 billion in 2020, while launch services will surge to $1 billion in 2025 from $567.4 million in 2020, a new report by the Indian Space Association (ISpA) and Ernst & Young (EY) has projected. In the downstream segments, ground services are expected to grow to $4 billion in 2025 from $3.1 billion in 2020, while satellite services are projected to grow to $4.6 billion by 2025 from $3.8 billion in 2020. With the four segments...
