'Private sector to be allowed to build rockets, provide launch services': ISRO chief

ISRO chief said private sector will now be allowed to carry out space activities.

Sivan said private sector can also be part of ISRO's inter-planetary missions.

Sivan, however, added that ISRO's space-based activities are not going to reduce.

ISRO will continue to carry out advanced R&D, inter-planetary and human space flight missions.

On Wednesday, Union Cabinet approved opening up of space sector to private players.

The move had been announced earlier as part of Covid economic package.