Two-day meeting of Space Economy Leaders under India’s G20 presidency begins in Bengaluru
As part of India’s G20 Presidency, the fourth edition of the Space Economy Leaders Meeting began in Bengaluru today, July 6. Addressing the delegates during the inaugural event,
Union Minister Dr. Jitendra Singh said that under Prime Minister Narendra Modi, the Indian Space programme’s benefits were extended to neighbouring friendly countries and as part of space sector reforms, the private partnership was encouraged in this sector. He said that due to this decision, 140 start-ups have come up by successfully contributing to the Indian space programme.
Dr. Jitendra Singh said that the space programmes in the country have experienced a quantum jump in the last eight to nine years. India is today a frontline nation through its Candrayaan and Gaganyaan programmes.
In his address, Union Minister of State for External Affairs and Education, Rajkumar Ranjan Singh said that the space sector is today a trillion dollar economy and countries can share the benefits through bilateral and multilateral cooperation.
He said that the Indian Space Policy introduced recently has helped the growth of 400 companies in the private sector. He praised ISRO for its success in promoting space technology and appreciated it for reaching out to the students to inculcate scientific temperament in them.
The two-day meeting on the theme ‘Towards a New Space Era has participation from the Heads of National Space Agencies, leaders of space industries of G20 Countries and various guest nations.
It will discuss the responsibilities of the space faring nations for an enhanced share of space economy in the global economy. The Chairman of ISRO Somnath S, IN-SPACe Chairman Dr. Pawan Goenka and G20 Sherpa Amitabh Kant also spoke on the occasion.