India Set To Make A Huge Impact On Space, Geospatial Tech, Drones

New Delhi: India is set to make a huge impact in three major sectors -- space, geospatial technologies and drones, said G20 Sherpa and former NITI Aayog CEO, Amitabh Kant, here on Friday. Kant said that the Indian space sector is doing “remarkably well” after the government opened up the space sector to private players.

“The remarkable thing is that the government of India has opened up the space sector in a vigorous manner,” Kant said. This has led to “a range of private sector and young startups entering the sector and doing remarkably well,” he added.

They are not only launching rockets but are using the data to build rocket launchers.

Further, “they are going to take India's advancement in a range of areas, including, satellite connectivity, launching, and construction in a very big way forward”. “So space, geospatial and drones are the three sectors, where India has opened up in a very big way and that can make a huge impact,” the former NITI Aayog CEO said.

Kant also lauded India for its healthcare initiatives, especially during the Covid-19 pandemic. After being the 'pharmacy of the world', India is now emerging as a global leader in the biosimilar market, the G20 Sherpa said.