From the early days of human space activity in the 1960s, missions to the moon have attracted significant global attention. India's recent success in landing the Chandrayaan-3 spacecraft on the moon was technically demanding and occurred in a previously unexplored part of the moon.
Lowering the cost of space missions has meant a dramatic increase in the number of countries looking to have a presence in space. India has now produced at least 140 commercial space companies registered with the Indian Ministry of Corporate Affairs, that, between them, have attracted US$120 million in investment at a rate that isThe US Apollo program has shown that space exploration can drive technological innovation.
The development of a space industry within a country can have significant benefits to growing the economy, beyond the money initially invested. Along with the that Chanrayaan-3 may make, these are obvious benefits for any nation looking to showcase itself on the global stage.Working as a member of the global scientific community enables countries to use space exploration as a way to foster closer ties. As part of this, there can be a pooling of expertise as well as, which lead to applications moving from space tech to other parts of society, such as fire-retardant clothing being used in other industries.
It is possible for deeper diplomatic and economic relations to emerge from these bespoke scientific and technical arrangements. India already has close collaborative ties with the US. The success of the Chandrayaan-3 mission will not only help develop these ties but will help illustrate the value of India signing
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