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  • Sanctions against Russia could provide opportunities for India's space sector

    03/14/2022 8:04:13 AM PDT · by Salman · 4 replies
    Space Daily ^ | Mar 14, 2022 | IANS staff writers
    Industry experts say US and European economic sanctions against Russia for military action against Ukraine could create economic opportunities for the Indian space sector, rather than burden it with economic costs. He also felt that to seize the opportunity, India should accelerate its satellite launching capabilities, and announce Productivity Concessions (PLI) schemes for the aerospace sector. "All countries that are feeling the pinch due to the absence of Russian rockets for launching satellites may consider alternatives. While the bulk of the satellite launch agreement will be taken up by the United States and Europe, there There will be others who...