Thiruvananthapuram. Union Minister Jitendra Singh said that India's space economy is poised to reach US $ 40 billion by 2040. He also said that this will provide better working environment to the scientists also. Minister of State (Independent Charge) for Science and Technology and Atomic Energy and Space said that some foreign agencies like 'AKD' have estimated that this figure may reach beyond US $ 100 billion by 2040. Singh said, 'At present our space economy is not very effective. Currently it is only about 80 lakh US dollars.
However, we are moving at a very fast pace. In foreign satellite launches alone, we have earned about 23 to 24 crore Euros from the launch of European satellites and about 17 to 18 US dollars from the launch of American satellites.' Indian Space Research Organization (ISRO) After inaugurating the 60th anniversary celebrations of the rocket launch of ) here on Saturday, Singh said a significant presence in the industry can be established with the setting up of 'Anushandhan National Research Foundation'.
Agreeing with the fact that India faced resource constraints in its space sector, he said, 'We can deal with it with the scientific skills we have.' The minister said India will send a man to space by 2025. And will bring him back safely. He said, 'Two to three months before this, we will have a female robot going to space, which can imitate all the activities of the astronaut.'
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