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India Aims to Join Moon Landing Club with Chandrayaan-3 Mission

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India's Quest for Lunar Exploration with Chandrayaan-3 Mission

India is making significant strides in its pursuit of becoming a national space superpower as the Chandrayaan-3 mission aims to safely land on the moon's unexplored south pole. Launched last month, the spacecraft is scheduled to touch down on the lunar surface, marking India's entry into the exclusive group of countries that have successfully landed on the moon. If successful, India will be the fourth country, following Russia, the U.S., and China, to achieve this feat and the first to land on one of the moon's lunar poles.

Exploring the Lunar South Pole

The lunar south pole has garnered substantial interest in recent years due to the discovery of traces of water ice on the moon. This finding has sparked excitement among scientists and space agencies worldwide, as the presence of water could potentially serve as a valuable resource for future space exploration endeavors. Wendy Cobb, a professor of strategy and security studies at the U.S. Air Force School of Advanced Air and Space Studies, emphasized the significance of the south pole as an area of scientific and geologic importance that can potentially serve as a base for future exploration.

India's Growing Influence in Space

India's efforts in space exploration have positioned the country as a prominent player in the global space arena. During a visit in June, India's Prime Minister Narendra Modi signed agreements with President Joe Biden to join the Artemis Accords and collaborate on missions between the Indian Space Research Organisation (ISRO) and NASA. The two space agencies are expected to work together to fly Indian astronauts to the International Space Station in the coming year. Despite having a significantly smaller annual budget compared to NASA, ISRO has achieved remarkable milestones, showcasing India's ability to accomplish more with fewer resources.

Challenges and Delays

Like many other space missions, the Chandrayaan-3 mission faced setbacks due to the COVID-19 pandemic, resulting in a delay from its planned launch in 2021. However, India remains determined to continue its pursuit of lunar exploration. In 2020, ISRO estimated the mission's cost to be around $75 million, highlighting the organization's commitment to cost-effective space exploration. In conclusion, India's Chandrayaan-3 mission represents the country's ambitious quest to establish itself as a formidable presence in lunar exploration. The mission's focus on the lunar south pole and the potential discovery of water ice hold great promise for future space exploration endeavors. India's growing influence in space geopolitics, collaborations with international partners, and cost-effective approach demonstrate the country's commitment to advancing scientific knowledge and pushing the boundaries of space exploration.

Implications for New Businesses

India's ambitious Chandrayaan-3 mission and its growing influence in space exploration present unique opportunities and implications for new businesses. This development could potentially open up a new frontier for startups and companies looking to venture into the space industry or those aiming to provide ancillary services.

Opportunities in the Space Sector

The successful landing of Chandrayaan-3 on the moon's south pole could spark increased interest in lunar exploration and space technology. This could lead to a surge in demand for innovative solutions and technologies related to space exploration, offering a lucrative market for startups and businesses in this sector.
Collaborations and Partnerships
India's collaborations with international partners like NASA also highlight the potential for cross-border partnerships in space technology. New businesses could leverage these opportunities to collaborate with international partners, gain access to advanced technologies, and expand their market reach.

Cost-Effective Innovation

ISRO's ability to achieve significant milestones with a fraction of NASA's budget underscores the potential for cost-effective innovation. This could inspire new businesses to adopt a similar approach, focusing on creating high-value solutions with cost-effective methods. In conclusion, India's quest for lunar exploration with the Chandrayaan-3 mission could have far-reaching implications for new businesses. Whether it's tapping into the growing space sector, leveraging international collaborations, or adopting cost-effective innovation, the opportunities are vast for businesses willing to venture into this new frontier.
Story First Published at: https://www.cnbc.com/2023/08/23/india-chandrayaan-3-moon-mission.html
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