Private cos to be a co-traveller in India’s space journey:

New Delhi, Oct 11 (UNI) Indian Space Research Organisation (ISRO) is all set to open its facilities for the private sector. Stating this here on Sunday, Union Minister of State (independent charge) Atomic Energy and Space Jitendra Singh referred to some of the path-breaking historic reforms in the Department of Space under the leadership of Prime Minister Narendra Modi.

He said, possibly 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.

This, he said, is also a part of the Modi government’s “AtmaNirbhar” roadmap towards self-reliant India, which envisages the initiative to boost private sector participation in space activities.

The new reforms, he said, will seek to shift the space related activities in the country from “Supply Based Model” to a “Demand Based Model”. With the creation of 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, an official release here said.

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.


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