Opening of space sector to private companies will put India in new league: ISRO Chief

Video Credit: ANI
Published on June 25, 2020 - Duration: 02:02s

Opening of space sector to private companies will put India in new league: ISRO Chief

While addressing a press conference in Bengaluru, Indian Space Research Organisation (ISRO) Chief K Sivan on June 25 said, "Space sector, where India is among handful of countries with advanced space technology, can play significant role in boosting industrial base of India.

Govt's decided to implement reformed measures to leverage ISRO's achievement by opening space sector for private enterprises." "As part of longer socio-economic reform, space reforms will improve access to space-based services for India's development.

Far-reaching reforms will put India in league of few countries with efficient promotional and authorisation mechanism for private sector space activities," he added.

"Department of Space will promote sector space activities to enable it to provide end to end space services, including building and launching of rockets and satellites as well as providing space-based services on commercial basis," ISRO Chief further said.


You are here

Related news from verified sources

Read Article The land acquisition for Indiaโ€™s second rocket launch centre at Kulasekarapattinam in Tamil Naduโ€™s Tuticorin is progressing and further work...
on June 29, 2020 • CRN

The private sector will now be allowed to carry out space activities like building of rockets, satellites and providing launch services, ISRO chief K Sivan said...
on June 25, 2020 • Mid-Day

Related videos from verified sources

Bizarre fruit-selling protest takes place as private education establishments in India remain closed due to COVID-19 07:42
Video credit: Newsflare - Published on June 30, 2020 

Equity indices end flat after choppy trade, energy stocks lose 01:19
Video credit: ANI - Published on June 30, 2020 

Decision came too late: Hemant Soren on banning of 59 Chinese apps 01:26
Video credit: ANI - Published on June 29, 2020 

You might like