8 countries with the largest space budget; know where India stands

 Space exploration has captivated the world's imagination for decades. As technology advances and our understanding of the universe deepens, governments continue to allocate significant budgets to fund space programmes.

Let's take a look at the top countries investing in space exploration as per the latest available data.

USA - NASA (National Aeronautics and Space Administration)

With a budget of $61.97 billion, NASA rules the skies, leading the world in space exploration and scientific discovery.

China - CNSA (China National Space Administration)

Armed with a budget of $11.94 billion, CNSA's ambitious missions soar to new heights, marking China as a prominent player in the global space race.

Japan - JAXA (Japan Aerospace Exploration Agency)

With $4.90 billion at its disposal, JAXA's scientific prowess propels Japan into the company of eminent countries with space research and technological programmes.

France - CNES (Centre National d'Etudes Spatiales)

Armed with $4.20 billion, CNES collaborates with nations worldwide, playing a crucial role in satellite technology and space science.

Russia - Roscosmos (Russian Federal Space Agency)

Despite a budget of $3.42 billion, Roscosmos stands tall as a space exploration pioneer with a rich legacy of historic achievements.

Image: Reuters

E.U - ESA (European Space Agency)

With a budget of $2.60 billion, ESA's collaborative efforts unite Europe in its quest for space exploration and scientific breakthroughs.

Germany - (Deutsches Zentrum für Luft- und Raumfahrt e.V.)

With $2.53 billion, DLR's expertise fuels advancements in space exploration and aeronautics, contributing to ESA missions.

India - ISRO (Indian Space Research Organisation)

With a budget of $1.93 billion, ISRO's cost-effective missions and innovative spirit have propelled India into the global space arena.

Images: Freepik & official websites, Data: Statista