Reinforcing India's Ability in Satellite Production: Overcoming Obstacles and Seizing Possibilities
India is making significant strides in its space sector, with a focus on satellite manufacturing and data management. The country is investing in infrastructure such as satellite integration and testing facilities, ground stations, and satellite manufacturing facilities in Bengaluru and Hyderabad.
This growth is backed by government policies, technological innovations, and the increasing involvement of public and private players. Over the past five years, India has seen several success stories in satellite manufacturing, fueled by strategic public-private collaborations.
Both the Indian Space Research Organisation (ISRO) and private sectors are establishing spacex manufacturing facilities in Bengaluru and Hyderabad. Companies like Bellatrix Aerospace and SatSure have made strides in small and nanosatellites for Earth observation and agricultural data. Collaborations with ISRO and international players have enabled these companies to create niche spacex technologies.
Hyderabad-based Dhruva Space has produced domestically designed and manufactured small satellites, Thybolt-1 and Thybolt-2, and successfully deployed them through ISRO's PSLV C54. Bengaluru-based Pixxel has created a high-resolution Earth observation satellite, "Anand", for global customers.
The Confederation of Indian Industry (CII) is driving India's vision of enhancing the engagement of Indian Industry in the space technology sector. CII is focused on expanding domestic demand for space technology to support and further strengthen the ecosystem for space startups in India.
The space economy of India is projected to grow from its current value of USD 8.4 billion to approximately USD 44 billion by 2033. To navigate challenges and unlock opportunities in satellite manufacturing, CII is organising a roundtable on "Boosting India's Capability in Satellite Manufacturing: Navigating Challenges and Unlocking Opportunities" in Bengaluru on 26th November 2024.
The roundtable aims to foster productive discussions, gather insights from industry leaders and startups, and shape actionable recommendations to present to relevant authorities. Companies participating in the event include Larsen & Toubro (L&T), Pixxel, Dhruva Space, and international aerospace firms.
Liberalization of Foreign Direct Investment (FDI) in 2024 for satellite manufacturing & operation, satellite data products has opened doors for foreign partnerships for Indian space companies. India is on a promising trajectory to become a global hub for satellite manufacturing, particularly for small and nano satellites.
For more information about the roundtable event, please contact [email protected]. CII is dedicated to encouraging Indian industry's participation to boost indigenous capabilities, build capacities, and advance technologies in the space sector. India, already among the top five spacefaring nations, is poised for greater heights in the space domain.
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