Hindustan Times | Chandrayaan will help us profit from the heavens

After Chandrayaan-3’s success, India’s goal is to not only build on Isro’s extraordinary achievement but also to harness popular enthusiasm for space exploration towards concrete outcomes for the country’s high-technology economy. Unlike the IT and biotech sectors, space remains a State-led industry. Governments such as those of the United States have deep pockets and can act as anchor customers until segments of the space sector stabilise and become self-sustaining. Most government and private funding is directed to practical space applications such as satellites that provide immediate returns on investment. Military requirements are a primary driver of satellite infrastructure as are other State-led requirements such as monitoring weather patterns and ecological degradation. All this needs cutting-edge innovation that only space exploration can drive. Read the full article here.