Economically Growth and Impact of Indian Regional Navigation Satellite System at International Level

Indian Regional Navigation Satellite System (IRNSS) is a regional navigation system established by the Indian government. The growth of IRNSS is fully operational and has a high impact on the international political and economic sectors. The study reviewed such growth and highlighted the IRNSS economy in the global market. The share India is estimated at USD 7 billion, only about 2% of the space economy. The study also provides information about the availability of IRNSS in India and neighboring countries. Its coverage included 1500 km around India, thus including parts of the Indian Ocean, the Himalayan region, Kazakhstan, and the Middle East.