Page 695 - ES 2020-21_Volume-1-2 [28-01-21]
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322 Economic Survey 2020-21 Volume 2
Space Sector
9.35 India’s space programme has grown exponentially in the past six decades, expanding
from simple mapping services in the 1960s to many diversified uses including- design
and development of a series of launch vehicles and related technologies, satellites and
related technologies for earth observation, telecommunication & broadband, navigation,
meteorology and space science, R&D in space sciences, & most recently, planetary
exploration.
9.36 India spent about US$ 1.8 billion on space programmes in 2019-20. However, the
country still lags behind the major players in the space sector, such as USA, which spent about
10 times more than India in the space sector in 2019-20 (Figure 7), and China, which spent
about 6 times more.
9.37 India has launched around 5-7 satellites per year in the recent years. On the other hand,
USA, Russia and China dominate the satellite launching services with 19, 25 and 34 satellites
respectively in 2019 (Table 10).
Figure 7: Expenditure (US$ Billion at 2019 - 2020 prices)
Source: ISRO.
