India has made major strides in space research, development and its application for the socio-economic upliftment. The main focus of the Bengaluru Space Expo 2012, scheduled at BIEC, Bangalore from September 12-15, 2012, is to showcase the latest technological advancements, related products and technical services. It will provide a platform for space agencies, specialists, entrepreneurs and space industry heavyweights to display their visions to the decision makers.

The Expo would facilitate joint ventures, technology transfer, marketing arrangements, etc., and will also provide opportunities to network with the who's who of space industry from all over the world. The exhibition would also be showcasing Asia's achievements and prospects for space sector. India has made major strides in space research, development and its application for the socio-economic upliftment.

The global space satellite business alone is a US$ 120 billion industry and is growing rapidly. There are approx 3,000 man-made satellites circling this planet. As plans mature for reusable launch vehicles, with development of more space based land enabled applications, the space sector's $ 120 bn could easily mushroom to $1.2 trillion or more in the coming years. The activity in two commercial satellite services, DTH Television and Global Positioning System (GPS) equipment and chipsets, drove robust space industry growth. These are the two largest sub segments of the space industry and also posted strongest growth numbers contributing nearly $20 billion in economic activity to the global economy. With over 45 countries already having an access to space and still growing numbers there is an urgent need for global vendors.