Did you know that India has one of the biggest economies in the world? It ranked as the fifth’s largest by nominal GDP. India also has an important demographic trend. With the second largest population on Earth, more than half of its people are in the working-age group. A great percentage is under 34 years old.
A robust and vibrant economic powerhouse. India bets big on critical sectors for such an increasingly young and skilled workforce. These sectors include manufacturing, energy, telecommunications, biotechnology, and of course space.
In the space industry, India plays the big leagues. It pushes forward the boundaries of its space program to develop home-grown components, in-house expertise, and technologies that are indigenous to the country. With government expenditure that is substantially less than that spent in the national space programs of the United States, Russia, and China, India pursues its space dreams, strong and steady.