Introduction According to an Insight Report by the World Economic Forum, the world space economy is expected to be worth $1.8 trillion by 2035. The current valuation of the Indian space economy stands at $8.4 Billion with a 2% share in the world economy. India hopes to achieve its target of a 10% share in Continue reading
Space and Insolvency: India’s New Legal Frontier Space research is getting close to a new limit. A new estimate says that the space business will be worth $1.8 trillion by 2035.[1] This is because satellite and rocket-based technology is becoming more common everywhere. At the moment, technologies that use space are very important for many Continue reading
Introduction The space race is making leaps and advances.But, it has also presented numerous obstacles in maintaining sovereignty and equity while dealing with outer space. Due to dearth of strict regulation and various loopholes in the legal framework, there is a rapid rise in the commercialization of military in outer space that reflects a humongous Continue reading
I. Introduction From becoming the first country to land on the south pole of the moon to the world’s first 3D- printed semi-cryogenic engine, India has taken exponential leaps when it comes to space technology. Not only this, it has also ushered into commercial space age. Although India has kept its space sector highly centralized, Continue reading
Introduction Space is an entity that has been viewed as a global common for decades now. The doctrine of ‘common heritage for mankind’ encompasses the entire realm of space, owing to the absence of its appropriation and the common duty to exploit space resources for the benefit of mankind. The discussion around space law began Continue reading
