How can India’s first space station transform our space programme?

India's space programme will be crucial, help the country become a driver of next-gen technologies and gain geopolitical edge to become global leader.
How can India’s first space station transform our space programme?

The Union Cabinet approved the establishment of India’s indigenous space station—the Bharatiya Antariksha Station—in September 2024, marking the nation’s ambitious entry into the realm of space stations.1 But why do we need our own space station? Here are 5 key takeaways:


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Currently, there are two operational space stations globally, with several others in the making. For India, given its proven track record of cost-effective space explorations, this ambitious programme will be crucial, as it can help the country become a driver of next-gen technologies and gain a geopolitical edge to become a global leader.

[1] Expanding Horizons in Space Sector: From Lunar Exploration to a National Space Station, Press Release, Department of Space, 24 September 2024, accessed on 7 October 2024
[2] A Not So Giant Leap: The Trillion-Dollar Space Economy, Aerospace America, 1 September 2023, accessed on 23 September 2024
[3] Press Information Bureau, Department of Space, 20 September 2023, accessed on 23 September 2024
[4] How many space stations are currently in orbit?, Starlust, 27 March 2024, accessed on 7 October 2024

Author

Neeraj Bansal

Partner and Head India Global

KPMG in India


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