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India outlines $45 billion space economy growth ambition

India's space economy could expand fivefold to $45 billion within eight years as the government seeks more private investment, quicker regulatory clearances and stronger commercial demand, Space Minister Jitendra Singh has said. Singh estimated the sector's current value at approximately $9 billion and projected it could reach $40 billion to $45 billion over seven to eight years. Speaking at a…

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