India's Space Sector Yields $2.54 for Every Dollar Invested: Report

- India's space program, led by **ISRO**, has generated an additional **$2.54** for every dollar invested, according to a report released on **August 23**. - The study, conducted by **Econ One** and **Euroconsult**, highlights the economic and social benefits of India's space activities. - Over the last decade, the space sector has contributed **$60 billion** to the GDP and supported **4.7 million jobs**. - The report also notes challenges like regulatory issues and financing, but expects improvements with greater collaboration and public-private partnerships. - Future recommendations include enhancing competitiveness, embracing global opportunities, and fostering an inclusive space program. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/economy/for-every-dollar-indias-space-sector-has-given-back-2-54-to-the-economy-report-12805458.html)