Union Minister Jitendra Singh stated India's space economy is projected to grow five-fold to USD 45 billion in 8-10 years, its biotechnology sector has expanded to USD 193 billion, and the Gaganyaan human mission is targeted for next year.

India

Who

Union Minister Jitendra Singh

What

When

Fri, 19 Jun 2026 14:23:59 GMT · 2h 35m ago

Where

India ·

Why

The statements highlight the Indian government's push to build technology-led growth engines and expand capabilities in strategic sectors.

The Frontline Impact

How this affects you

India's strategic sectors, including space, biotechnology, and clean energy, are projected for significant growth, indicating a long-term national economic expansion and energy independence strategy.

Story chain

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Verified Sources & Citations

Devdiscourse
https://www.devdiscourse.com/article/business/3937586-indias-space-economy-to-grow-five-fold-to-usd-45-billion-gaganyaan-human-mission-likely-next-year-jitendra-singh
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