please tell me what are the competitions projects and challenges for ISRO I will mark you a brilliant students first give me the answer
Answers
Today, the value of the global space industry is estimated to be $350 billion and is likely to exceed $550 billion by 2025.
Despite ISRO’s impressive capabilities, India’s share is estimated at $7 billion (just 2% of the global market) covering broadband and Direct-to-Home television (accounting for two-thirds of the share), satellite imagery and navigation.
Already, over a third of transponders used for Indian services are leased from foreign satellites and this proportion will rise as the demand grows.
Developments in Artificial Intelligence (AI) and big data analytics has led to the emergence of ‘New Space’
New Space entrepreneurship has emerged in India with many start-ups which seek value in exploring end-to-end services in the Business-to-Business and Business-to-Consumer segments using new space. However, these startups have yet to take off in the absence of regulatory clarity.
So they need an enabling ecosystem, a culture of accelerators, incubators, venture capitalists and mentors that exists in cities like Bengaluru which is where most New Space start-ups have mushroomed.
Also, the New Space start-ups discern a synergy with government’s flagship programmes like Digital India, Startup India, Skill India and schemes like Smart Cities Mission.
Hope you find this helpful!!!!!!!
Answer:
I think so that there are many challenges such as teaching inspired students around the world, Rocket designing and many else..
The competition projects (reallyyy) I have no idea about them.
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