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India’s ambitious goal of achieving a $44 billion space sector by 2035 hinges on its partnership with the United States, according to Pawan Goenka, Chairman of IN-SPACe.
The 4th India-US Space and Geospatial Business Summit, held in Hyderabad, underscored the potential for collaboration in various areas, including space exploration, satellite launches, and geospatial technologies.
Key points from the summit:
- Joint Space Missions: India and the US have been collaborating on joint space missions, such as the NASA-ISRO SAR (NISAR) mission.
- Geospatial Technologies: India’s thriving geospatial sector, valued at $1.92 billion, is a global hub for cost-effective geospatial services.
- Future Collaborations: The two countries are exploring opportunities for technology transfer, advanced manufacturing, and expanding the scope of space cooperation.
By leveraging their combined strengths, India and the US aim to address global challenges, improve lives, and ensure a sustainable future.
Also Read: Science and Technology Current Affairs-Nov 23, 2024
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