Several advancements made in the field of space technology over the last few decades have significantly benefitted mankind. Today, space technology is considered critical to human survival and progress. Since space offers numerous socio-economic benefits, the number of states investing in satellite technology has grown over the years. Satellites are now being used for many purposes: meteorology, television broadcasting, mobile telephony, navigation and internet. Space systems are increasingly being used in multiple fields, such as financial management, education, tele-medicine, scientific research and disaster management, to gather real time information and increase efficiency and connectivity. Satellite technology is also playing a crucial role in measuring greenhouse gas emissions globally. In fact, space is rapidly emerging as an important component of the global economy.
http://www.idsa.in/policybrief/indias-space-security-policy_alele_280416
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