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Spacetech In India: Key Challenges
Summary
India's spacetech sector is poised for impressive growth. Already, over 150 startups have collectively raised more than $285 Mn+. The industry is estimated to be worth $77 Bn+ by 2030, with related opportunities adding another $52 Bn.
The Indian Space Research Organisation (ISRO) plays a crucial role in this upward trend. However, the sector isn't without challenges. Limited early-stage funding, inadequate infrastructure, and other complications need to be addressed for the industry to reach its full potential.
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