Active Stocks
Thu Apr 25 2024 15:47:50
  1. Kotak Mahindra Bank share price
  2. 1,643.00 -10.85%
  1. Tata Steel share price
  2. 167.60 1.27%
  1. State Bank Of India share price
  2. 812.60 5.10%
  1. Axis Bank share price
  2. 1,127.35 5.98%
  1. Power Grid Corporation Of India share price
  2. 292.60 0.71%
Business News/ News / First trial of India’s unmanned spaceflight may happen in Nov
BackBack

First trial of India’s unmanned spaceflight may happen in Nov

A second trial, carrying a homegrown humanoid robot, set to take flight next year

The first Gaganyaan test flight is scheduled to be undertaken by the Indian Space Research Organisation by the end of this year (AFP)Premium
The first Gaganyaan test flight is scheduled to be undertaken by the Indian Space Research Organisation by the end of this year (AFP)

New Delhi: The first unmanned trial spaceflight of India’s manned space mission, Gaganyaan, “may be ready for takeoff next month," said Union minister of state for science and space, Jitendra Singh.

The first test flight is scheduled to be undertaken by the Indian Space Research Organisation (Isro) by the end of this year—with a second trial, carrying a homegrown humanoid robot, set to take flight next year.

Speaking at industry body Assocham’s Quantum Technology Conclave in Delhi on Thursday, Singh said that feats such as the upcoming Gaganyaan mission, as well as the Chandrayaan-3 lunar mission and the Aditya-L1 solar mission, have catapulted India to prominence in global space economy.

“India, in the space sector, is no longer looked upon as a follower—major developed economies are looking to partner alongside India for space technologies and initiatives, driven by the success of the likes of the Chandrayaan-3 lunar mission, the Aditya-L1 solar mission, and the upcoming Gaganyaan manned space mission, trials for which may begin as early as next month. All of this cannot be solely driven by the government—the success of the US space economy is a clear example," the minister said.

However, to capitalize this, policy-makers in the country must look at the approach taken by global counterparts, such as in the US, Singh said. This, in turn, would “emulate the success of private firms in the US in industries such as space."

“One key reason for the success of the US space sector was the impetus given to the private sector by the government—allowing it to flourish early. In this regard, a key achievement of our government has been in opening up access to central space facilities of Isro. This has allowed India’s space sector to flourish within a very short span—today, we already have 150 flourishing space startups within three years of privatization of the sector. The early entrepreneurs here have gone on to become highly significant in the industry," Singh said.

“It is this public-private partnership approach that should be encouraged more by policy-makers in India, in order to more successfully open up the space economy in India," Singh further added.

India’s overall space economy, according to a report from October last year by industry body Indian Space Association (ISpA) and consultancy firm EY India, is expected to be valued at $13 billion within the next two years. A key enabler of this is India’s first space policy, published on 20 April this year, which opened the sector up officially for private startups. Final rules and timelines under the policy are yet to be published.

However, multiple space firms have made advances in the meantime, through the nodal authorization body Indian National Space Promotion and Authorization Centre (In-Space). For instance, on 18 November last year, Hyderabad-headquartered space startup Skyroot Aerospace made India’s first private rocket launch.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

ABOUT THE AUTHOR
Shouvik Das
Shouvik Das is a science, space and technology reporter for Mint and TechCircle. In his previous stints, he worked at publications such as CNN-News18 and Outlook Business. He has also reported on consumer technology and the automobile sector.
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 05 Oct 2023, 10:54 PM IST
Next Story footLogo
Recommended For You