Confederation of Indian Industry (CII) in association with Indian Space Research Organisation (ISRO), Antrix Corporation and NewSpace India Limited (NSIL) is organizing an International Space Conference and exhibition, scheduled from 13 - 15 September 2021 over Virtual platform. The event is comprised of 03-day conference and 20 days virtual exhibition.
Global Space economy which is valued at US$385 Billion in 2020 is expected to grow to US$428 Billion by 2028, as per the findings by renowned consulting firm “EuroConsult”. This growth is enabled by growing demand for space-based services, lowering of costs, miniaturization and access to technology, liberal funding and enabling regulations around the world.
India, currently with share of 2% in global space business, holds great promise as a destination for increased Space commerce and also as a manufacturing hub. India’s advances in space programmes and simplicity in operations driven by ISRO have been highly appreciated the world over.
The formation of new regulatory body- Indian National Space Promotion and Authorisation Centre (IN-SPACe) by the Government last year to promote Hon’ble PM ‘self-reliant India’ mission, is yet another endeavour to accelerate the advancements in space activities, and spur the growth of Indian private companies, improve space industry revenues and India's share in the global space market.
The International conference would comprise of digital interactions and virtual exhibition and serve as an ideal platform for Indian industry and entrepreneurs to build technology partnerships with Indian Space agency, industry to cater to Indian demand and global market. It will also highlight the initiatives taken by Indian government and Space agency to encourage & engage Indian Industry in space sector and showcasing opportunities for Indian industry.
With focused theme- ‘Building NewSpace in India’, the event will be an important step towards facilitating and strengthening Indian industry who wish to venture into various space products and services.