- Apr 29, 2015
Russia and China have the kind of space industries which India wishes to build, have cost advantage over west and aren't going to be out of competition in forseeble future. Chinese and to some extent even Indian cost advantages will wear out in next 30 years.I foresee Rusia and China out of competition. India will compete with US and EU for their share. US will continue to enjoy an advantage where they still enjoy monopoly such as heavy lift missions etc. ISRO needs more funding to make itself more competitive and venture into new areas.
US besides its technological efforts to bring down, isn't having any low cost advantage and is more vulnerable than any eastern power in markets.