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Lack of dedicated captive semiconductor fab for space applications a developmental gap: Economic Survey

Economic TimesEconomic Times Ā· 5m
Lack of dedicated captive semiconductor fab for space applications a developmental gap: Economic Survey

The lack of a dedicated semiconductor fab for space applications in India is seen as a developmental gap, with limited market opportunities in the sector. Challenges in commercializing space technologies include a niche and competitive marketplace, pricing constraints, and limited demand. The government's focus is on increasing demand, particularly from government departments, while exploring opportunities for private sector participation. Efforts are being made to invest in the Mohali Semiconductor Lab to make it suitable for space requirements. Private sector entities have made advancements in satellite development and functional payloads. The report also highlighted recent achievements in the private space sector, such as the launch of suborbital vehicles and the establishment of private launchpads and mission control centers.

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