News

Privatisation of Space Sector in India

By June 26, 2020 No Comments

Briefing by Secretary, DOS/Chairman, ISRO | 25 June 2020

“Opening up of the space sector is part of the larger vision of transforming India to become self-reliant through a set of socio-economic reforms. The reforms in the space sector are aimed at tapping the potential of entire country for unlocking its potential by enabling private enterprises and start-ups to undertake end-to-end space activities. In addition, the reforms are also aimed at mitigating the large and upfront investments required to set up facilities for undertaking space activities through sharing of such existing facilities under ISRO…

…Under these reforms, an autonomous nodal agency called Indian National Space Promotion and Authorisation Center (IN-SPACe) is being established under Department of Space as a separate vertical for permitting and regulating the activities of private industry in space sector. IN-SPACe will act as a national nodal agency to hand-hold and promote private endeavours in space sector and for this ISRO will share its technical expertise as well as facilities. IN-SPACe will have its own independent Directorates for Technical, Legal, Safety & Security, Monitoring as well as Activities Promotion for assessing the private industry requirements and further coordinating the activities.

The private industry will also be offered opportunities to undertake R&D activities and be co-traveller in advanced inter-planetary missions.  This is planned through a series of Announcement of Opportunities. Opportunities in Human Space Flight Programme is already announced.”

To read the full briefing please visit https://www.isro.gov.in/or click here.