scientists have shown that Bharat can be the space ace.
Addressing the Indian Defspace Symposium 2024 here, Admiral Kumar said that our space sector is leading the charge at escape velocity,
«With Elon Musk's impending visit and the government of India's announcement of the 100 per cent FDI for components, systems, subsystems, and the 49 per cent FDI for launch vehicles and associated systems and subsystems, it isn't now rocket science to realize that Bharat traverses the Amritkaal, our space sector is leading the charge at escape velocity. The space sector and scientists today represent the spirit of a resurgent Bharat. Despite the countless challenges and denial of technology, our scientists have shown that Bharat can be the space ace,» he said.
He also asserted that with the capability today to conceptualize, construct, commission, launch and sustain spaces, I think our country has demonstrated to the world that the sky is not the limit.
«We are one of the few countries to have created a complete space ecosystem. The Bharat space sector is rapidly evolving into one of the most dynamic and defining endeavours of the 20th century, offering increasing opportunities for growth investments which in space turn, probably may offer astronomical returns,» Hari Kumar said.
The Navy chief pointed out that the Indian Defense Space Symposium could not have happened at a more opportune moment, with missions to Mars, the moon and the sun successfully being accomplished.
«So despite countless challenges, resource