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Armenia's IT industry has seen significant growth, with local startups, including those involved in Artificial Intelligence, seeking partnerships with Indian counterparts. Armenia's favorable business environment, skilled workforce, and supportive government initiatives have made it an attractive destination for technology companies and startups.
Somanath emphasized India's proficiency in building advanced devices and rockets and highlighted the cost-effectiveness and high technology of the instruments used in Chandrayaan-3. He invited the youth to contribute to India's space ambitions and envisioned a day when an Indian, possibly a female astronaut, will land on the Moon as part of the Chandrayaan-10 mission.
Space regulator Indian Space Promotion and Authorisation Centre also estimates $22 billion investments in the Indian space sector by 2033 and $11 billion exports
The government funding is no longer sufficient to run all ISRO's programmes, hence it is looking for private investment and FDI, chairman S Somanath said.
Amazon Web Services (AWS) India said it has signed a strategic MoU with the Indian Space Research Organisation...