Charting the Future: ISRO's Ambitious Space Missions and India's Growing Influence
The Indian space industry has grown rapidly from humble beginnings.
Over a relatively short span of time, India has emerged as a prominent global player in space exploration. Over the past two decades, the world has been made aware of India’s space exploration prowess
The future of India’s space exploration aspirations looks bright
The successful landing of Chandrayaan was the culmination of years of R&D and learnings from previous successful and failed missions. The recent success tasted by ISRO has ushered in a new era in India’s space exploration chapter, and multiple missions have been slated for launch in the coming years.
At present, India’s space economy is valued at just over US$8 billion and represents 2% share in the global space economy. However, based on INSPACe’s projections, the Indian space exploration industry will contribute to 8% of the global space economy, and will be valued at over US$44 billion by 2033.
The growing industry will need to procedure top quality talent
Currently, the Indian space industry is at the cusp of explosive growth, and there has been growing interest in joining the space industry as a viable career. As per a survey conducted by Inmarsat, about 24% Indians are willing to join the space industry, which is higher compared to Germany (12%), US(10%) and UK (5%).
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This is a favorable development as India aims to become a dominant player in the global space economy, and needs a motivated workforce
IISc aims to produce top quality talent for the space industry.
Keeping the needs of the space industry in mind, India’s top ranked research institute, Indian Institute of Science, Bangalore (IISc) has introduced an Advanced Certification Program in Space Technologies, in association with TalentSprint. This 6-month, executive friendly program is the only one of its kind, and includes over 130 hours of live lectures delivered by IISc faculty renowned for their expertise in the space domain. The program also offers a 3 day campus visit to the IISc campus, where participants can exchange ideas with their peers and experience the industry-aligned facilities available in the campus. Enrollments are open to professionals with one year of work experience and a bachelor's degree in engineering or science with at least 50% marks in graduation.
The program aims to create sector-specific talent
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The next decade is going to establish India as a major space economy in the world, and this status will be achieved through large-scale upskilling initiatives
To learn more about the lucrative space sector and its promising future, consider visiting our Space Technologies page.