Business Matters | Can the space industry help bolster the economy?

Can the space industry help bolster the economic system?

Last week, we noticed Chandrayaan-3 land safely on the moon. ISRO has already launched its Mars mission Mangalyaan, is speaking about its Sun mission, and is speaking about putting man on the moon. The space industry is attending to be value billions of {dollars} throughout the globe. 

If you might be new to the space – actually – does this query maintain bothering you: ie, why put money into space? Why not spend on training, healthcare and the like? True, social welfare is vital, that doesn’t imply we don’t spend on space. After all, if it could possibly help spur the economic system, then why not?

Script and presentation: Okay. Bharat Kumar

Videography: Thamodharan Bharath

Production: Shibu Narayan