Science and Technology Minister Dr Jitendra Singh today said that India is fast emerging as World Space Hub for cost-effective launch of satellites.<br />'' <br />''Speaking at the India Leads-2021 Summit organized by FICCI in New Delhi, he said, India has earned worldwide recognition for launching lunar probes, building satellites and ferrying foreign satellites.<br />'' <br />''Dr Singh said, over the past few years, Space Industry is emerging as one of the most lucrative industries globally and demand for Nano, micro and mini satellites and re-usable and small satellite launch vehicle systems are anticipated to drive the market.<br />'' <br />''<span style="color: #222222;">He said, ISRO has forged a strong relationship with many industrial enterprises, both in the public and private sector, to implement its space projects. </span><br />