Indian space policy advocacy groups, industry associations, and private businesses claim that India’s historic soft landing on the south pole of the moon on Wednesday will open up new business opportunities for the Indian Space Research Organisation (Isro) and other private participants in the mission.
According to experts, it will also strengthen our country’s bilateral sector ties.
More than 400 businesses, both governmental and private, participated in the Chandrayaan-3 mission. According to Anil Prakash, director general of Satcom Industry Association (SIA-India), “This will assist Isro to carry out more international and commercial projects, and this achievement will also help the private players like Anant Technologies and Walchand Industries to participate in international requirements.”
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India’s Space Exploration and the Benefits:
Space is one of the G20 meetings’ agenda items, and more developed nations are now looking to our country for increased bilateral cooperation, Prakash continued.
Private satellite communication behemoths like US-based Hughes, UK-based Inmarsat, Canada’s Telesat, Viasat, and Asiasat are among SIA’s principal members. Additionally, it counts firms like Astrogate Labs and Dhruva Space among its members.
“This mission is the first step towards many accomplishments like space stations being established on the moon, colonization, and the lunar surface being explored around for mining, water, and even space tourism where the country is seen to play a key role,” said Anil Bhatt, director general of the Indian Space Association (ISpA).
The Artemis Accords signatory nations would view India more favourably as a result of this accomplishment, according to ISpA, which also noted that it will have a “trickle-down effect” on Indian private enterprises in the space industry.
Our country has became the newest nation to sign the Artemis Accords, a US-led international collaboration for space exploration and research, during Prime Minister Narendra Modi’s visit to the US in June. It also covers the Artemis Programme, which aims to develop a space station and conduct a manned trip to the moon’s surface.
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