India’s space industry is controlled by the Indian Space Research Organization (ISRO). In industry, there were 500 private suppliers and another department of space supplying body parts of the rocket. Independent private agencies have played a growing role since the turn of the century; there are still few of them.
India’s space industry was worth $7 billion in 2019, accounting for 2% of the global space sector and employing over 45,000 people. If proper regulatory help is provided, Antrix Corporation predicts that the industry will rise to $50 billion by 2024.
SCIENTISTS LAUNCHED ROCKET:
When scientists began launching sounding rockets from the Thumba Equatorial Rocket Launching Station (TERLS) in Kerala, the Indian government ventured into space exploration.
Small launch vehicles, such as SLV-3 and ASLV, were developed after the space agency was established. In the 1990s, larger PSLV and GSLV rockets allowed India to launch for an international market.
Conduct commercial launches for the global market. In the late 2010s, space sector reforms and non-disclosure agreements were implemented, resulting in several private spaceflight enterprises.
In 2019, India gave 400 satellites for foreign. More than 41 startups are developing in various fields, launching vehicles, designing satellites.
HOW SPACE TECH HELP TO TACKLE CLIMATE CHANGES:
Each year, satellites employed for weather prediction almost definitely save hundreds of lives by issuing public storm warnings. No one knows how many lives are saved each year, and if they don’t give a warning, many people will die. Satellites see greenhouse gases and the health of the Earth’s ecosystem.
SPACE-BASED COMMUNICATIONS SERVICES:
The ability to communicate in space has a favourable impact on every area of human civilization. Satellite technology has already transformed banking and finance, navigation, and
Everyday communications, making international and long-distance national phone calls, video calls, media, and satellite TV and radio.
FUTURE PLANS FOR SPACE TOURISM:
Some employ suborbital rocket technology; this allows for a few minutes of weightlessness around 100 kilometres above the surface, while others use high-altitude balloons to enable access to high altitudes at a lower cost without going weightless. Ordinary people have a tremendous yearning to journey into space.
FOOD PRODUCTION IN SPACE:
The current conflict between human settlement, agriculture, industrial activity, and environmental protection on Earth might be resolved, allowing enough space for these competing requirements.
Only modest amounts of food or speciality commodities deemed too expensive or damaging to Earth’s ecosystems will send to the planet. Still, significant areas of the globe could be from space in the future.
CONCLUSION:
Scientists are developing the space industry. We can get more facilities once developed. That the current benefits that humanity obtains from space and the enormous expected future benefits justify the investment. The cause for sustained space research, development, and colonization is supported.
There are many space tech startups in India. The top space tech startups are APPLIED RESEARCH AND DEVELOPMENTS, LABORATORIES (ARDL), XOVIAN, MANASTU SPACE TECHNOLOGY LIMITED, TEAM INDUS, SKYROOT AEROSPACE, etc. scientists are developing the space industry.
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