As per industry estimates, the global space economy grew 8% to US$ 546 billion in 2022. It is expected to grow 41% over the next five years.
Yet, at US$ 8.4 bn, the Indian space economy is not even 2% of the global space economy.
I see the glass as half full rather than half empty.
India is slowly getting ahead of Western economies like the US and Russia and has been the first to successfully land on the moon’s south pole.
As per ISRO, by 2025, the Indian space economy could grow to US$ 50 bn, an almost six times gain.
THUS OPPORTUNITIES & MARKETS ARE SUFFICIENT FOR THE NEXT DECADE. COULD BE A TIME WHEN INDIVIDUALS OWN SATELLITES.
JUST INVEST AT RIGHT TIME AS TODAY AT THE RIGHT PRICE.
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