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Space Technology and Logistics – A Revolutionary Force Waiting To Be Unleashed
The supply chain industry is the backbone of the sprinting Indian economy. It ensures the efficient movement of goods, services, and people across the vast and diverse landscape of the nation, which is a key ingredient of the country’s economic development.
Dr.G.R.Balakrishnan Aug 29 2024 Marine News (Technology)

Space Technology and Logistics – A Revolutionary Force Waiting To Be Unleashed

Over the years, the Indian government has made significant strides in optimizing these sectors, notably reducing the logistics cost from 14% of GDP to an estimated 7.8% to 8.9% through initiatives like Bharat Mala, Sagarmala, and the PM Gati Shakti schemes. Among these achievements, the recent success of Chandrayaan-3 comes as a cherry on top. It heralds a new era for India’s logistics capabilities, with the potential to integrate advanced space technology into these critical sectors, thereby boosting efficiency, resilience, and sustainability.

The Chandrayaan-3 mission has demonstrated India’s growing prowess in space exploration and enhanced the country’s space technology infrastructure. This includes satellite navigation systems, remote sensing, satellite communication, and geographic information systems (GIS). But what’s the relation between going to space and moving cargo across domestic and national borders? Moreover, how does space technology enhance logistics and supply chain operations? Ideally, logistics is a critical consideration throughout the process of space projects, including Chandrayaan – 3. On the other hand, all of the technology infrastructure mentioned above can be leveraged to transform logistics and supply chain management.

One of the most groundbreaking applications of space technology in logistics is the advent of space-based internet services. Unlike traditional fibre-optic cables or wireless networks, satellites in geostationary orbit, positioned 35,786 kilometres above the Earth’s surface, can overcome geographical obstacles that typically hinder connectivity.

The integration of space technology into logistics and supply chain management is a critical step towards realizing India’s vision of Atmanirbhar Bharat, or self-reliant India.

Space technology offers a multitude of benefits for logistics, from improving real-time tracking and route optimization to enabling global communication networks and facilitating advanced geospatial analysis. These advancements will lead to more agile, cost-effective, and sustainable supply chains, ultimately driving economic growth and development across various industries.

The success of Chandrayaan-3 is more than just a milestone in India’s space exploration journey – it is a beacon of the possibilities that lie ahead in integrating space technology into logistics and supply chain management. As India continues to push the boundaries of innovation and technology, the logistics sector stands to gain immensely, paving the way for a more connected, efficient, and self-reliant nation.