business π Modi: India can quickly dominate global space sector π
Prime Minister Narendra Modi stated that India can rapidly establish itself as a global leader in the space sector. This comment was made during an interaction with CEOs and founders of 20 private space firms. Government data shows private startups increased from one in 2014 to 440 currently, with a target to grow the sector's share to $40-45 billion. Modi urged global talent and investment by promoting India's cost-competitiveness and vast talent pool. The sector is set for expansion with ambitious plans from startups focusing on orbital debris removal and space manufacturing.