ISRO's Investment: Doubling Returns and Pioneering Space Technology

ISRO's recent study shows a return of Rs 2.50 for every rupee spent, highlighting the economic and societal benefits of space investments. ISRO Chairman S Somanath emphasizes creating business opportunities in space technology and stresses the role of teachers in shaping leaders. The event showcased space technology career paths.


Devdiscourse News Desk | Bengaluru | Updated: 12-11-2024 19:41 IST | Created: 12-11-2024 19:41 IST
ISRO's Investment: Doubling Returns and Pioneering Space Technology
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In a recent revelation, the Indian Space Research Organisation (ISRO) unveiled findings that for every rupee invested, a societal return of Rs 2.50 is achieved, according to Chairman S Somanath. Speaking at an event with students from Karnataka Residential Educational Institutions Society (KREIS), Somanath highlighted ISRO's commitment to serve rather than compete in the space arena.

To sustain its vision, ISRO is keen on fostering an ecosystem conducive to business opportunities in space technology. 'We can't rely solely on government funding,' Somanath noted, citing the expensive nature of space missions and the necessity of creating tangible benefits and applications.

Further, Somanath emphasized the significant impact of education in his career, reflecting on the vital role teachers played in guiding his journey. Addressing the influence of history and diversity, the event celebrated India's past pioneers, aiming to inspire future generations with insights into space technology career opportunities.

(With inputs from agencies.)

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