Giving tough competition to China in ‘Space Technology’… New York Times praised India a lot, know what it said in praise?

New York (USA). The American newspaper ‘The New York Times’ has praised India’s ambitious space program and said that start-ups are developing rapidly in the field of space-technology in the world’s largest democracy. The newspaper wrote that these start-ups are indicating that India can bring about sweeping changes in this sector and can emerge as a force to give ‘equal competition’ to China.

The leading American newspaper said that when India launched its first rocket in 1963, it was a poor country adopting the world’s most advanced technology. That rocket was carried by a bicycle to the launchpad and was successfully placed in space 124 miles away from Earth. At that time India was merely pretending to stand with America and Soviet Union but today space in the race India has a much stronger position.

The newspaper, in an article titled ‘World’s surprising pioneer in space business’, said that India has at least 140 registered space-technology companies. start-up including a local research area and can bring about a sea change in this area.

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The article states that the growth of startups has been remarkable and they also have a huge market. The ‘New York Times’ (NYT) underlined the importance of India emerging as a ‘scientific powerhouse’ and Prime Minister Narendra Modi’s visit last month at the invitation of President Joe Biden. Citing the state visit to Washington and the joint statement issued by the two sides, it said that the two leaders have ‘paved the way to reach new frontiers in all areas of space cooperation’.

The paper said that both the US and India “see space as an area in which India can give equal competition to their mutual rival China”. He said that one of India’s advantages is geopolitical. He said Russia and China have historically offered low-cost options for launches. But the war in Ukraine has ended Russia’s role as a competitor, the NYT said.

The article states that similarly, the US government is more likely to approve the sending of military-grade technology through India than any American company through China. The NYT article also mentions Hyderabad-based ‘Skyroot Aerospace’ and aerospace manufacturer ‘Dhruv Space’.

It also mentions Bengaluru-based start-up Pixel, which has ‘tied up with an intelligence agency working with the Pentagon’. Its co-founders are Awais Ahmed and Kshitij Khandelwal.

Describing India as ‘a thriving center of innovation’ and ‘one of the most competitive launch destinations in the world’, the NYT article said space-technology start-ups are among India’s ‘most sought-after regions’ for venture capital investors. ‘ and their growth has been ‘extremely remarkable’.

“The Indian Space Research Organization (ISRO) has formed around 400 private companies in clusters in Bengaluru, Hyderabad, Pune and elsewhere, each dedicated to manufacturing specialized screws, sealants and other products for space,” it said. The newspaper said that India has an abundance of economical engineers. But their low salary alone cannot beat the competition. Due to this Indian company like Skyroot is focusing more on specialized services.

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Pawan Kumar Chandana (32), co-founder and CEO of Skyroot Aerospace, has estimated a global requirement of 30,000 satellite launches in this decade. He said that we are like a cab. His company charges more for small-payload launches, while Elon Musk-owned SpaceX is ‘like a bus or a train where they pick up all their passengers and drop them off at one place’.

The article states that Dhruv Space is India’s first space start-up to launch satellites. Its head of strategy, Kranti Chand, is hardly in Hyderabad in any given month as he spends about a week in Europe and another week in the US talking to clients and investors.

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Tags: Space news, US News, World news in hindi