SP's Aviation - Aero India 2021 Special

Page 5

Space    Privatisation

ISRO PSLV-C45 successfully launches EMISAT and 28 customer satellites

SPACE’S Privatisation to Launch Expansive Growth Opening up the space sector to private companies is likely to allow better availability of resources for ISRO to carry more ambitious space exploration missions

Photograph: ISRO

By Ayushee Chaudhary The Space sector of India was opened up in June 2020 by the Union Cabinet led by Prime Minister Narendra Modi, enabling the participation of Indian private sector in the entire gamut of space activities, allowing private firms and startups to build satellites and rockets, besides offering space services to customers in the country and across the world. The government

www.sps-aviation.com

also shifted all operational assets of Indian Space Research Organisation (ISRO) to New Space India Ltd (NSIL), a commercial entity, and formed the Indian National Space Promotion and Authorisation Centre (IN-SPACe) as a regulator to ensure a level-playing field for the private sector. With the creation of IN-SPACe, the reforms are aimed to pro-

AERO INDIA 2021 SPECIAL

3


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.