New Delhi, October 12: As the part of the Modi government's Atma-Nirbhar roadmap towards self-reliant India, the Indian Space Research Organisation ISRO is all set to open its facilities for the private sector, and the private sector will be a co-traveler in India's Space Sector journey, Atomic Energy and Space Minister, Dr. Jitendra Singh said on Sunday.
Singh further said that is possible for the first time in the history of Independent India, future projects for planetary exploration and outer space travel will be open for the private sector. Referring to some of the path-breaking historic reforms in the Department of Space under the leadership of Prime Minister Narendra Modi, he said private sector participation is the roadmap towards Aatmanirbhar (self-reliant) India.
The Indian private sector will be a co-traveler in India's Space Sector journey, the minister added. He said private companies will be provided a level playing field in satellite launches and space-based activities.
He further added that new reform will seek to shift the Space related activities in the country from the “Supply Based Model” to a “Demand-Based Model”. With the creation of the Indian National Space Promotion and Authorisation Centre (IN-SPACe), there will be a mechanism in place and the private sector will be allowed to use ISRO’s facilities and other relevant assets to improve their capacities.
Dr. Jitendra Singh further informed that a Web link has been provided for private industries to submit their applications. Applications received from industries and Start-ups are to be processed by a high-level committee, he added.