PM encourages industry, startups, academia to participate in space activities

Newsroom24x7 Network

New Delhi: Prime Minister Narendra Modi interacted with space industries, startups and academia on Monday 14 December 2020 to encourage their participation in space activities.

The Prime Minister, underscored the need to strengthen the professional talent pool of the country to empower the field of space.

The PM, directing his observation toward Department of Space said handholding the industries can take the country to greater heights with faster speed. He assured that the government will do its best in making industry-friendly policies to support the innovative ventures. He expressed hope and confidence that this initiative will create high technology jobs for our youth from IITs, NITs and other engineering colleges. This will also ensure long-term development of the country and society and change the lives of the poor people.

The Union Cabinet, presided by Prime Minister had taken the historic decision in June 2020 to open up the Space sector and enable the participation of Indian private sector as a co-traveler in India’s space programme. 

Following the Cabinet approval, the approach towards space activities in the country will shift from a ‘supply-based model’ to a ‘demand-based model’.

With the creation of Indian National Space Promotion and Authorization Centre (IN-SPACe), the reforms would provide level playing field for private companies and start-ups.

Several industries have submitted proposals with the newly created IN-SPACe functioning under Department of Space. The proposals relate to a vast range of activities including satellite constellation, small satellite launch vehicles, ground station, geospatial services, propulsion systems and application products.

Monday’s interaction meeting was represented by eight space industry participants  in interactive mode with the PM. They included Sunil Bharti Mittal from Bharti Enterprises, Jayant Patil from Larsen & Toubro Ltd, Srinath Ravichandran from Agnikul Cosmos Pvt Ltd, Pawan Kumar Chandana from Skyroot Aerospace Ltd, Colonel H S Shankar from Alpha Design Technologies Pvt. Ltd., Rakesh Verma from MapmyIndia, Awais Ahmed from PIXXEL India and Ms Srimathy Kesan from Space Kidz India. Seven other industry representatives participated as observers in the session.

The meeting started with a curtain raiser by Dr K. Sivan, Secretary DOS/Chairman ISRO. He gave an outline of the various kinds of requests received from industry for obtaining permission from IN-SPACe and support from Department of Space. He informed that more than 25 industries have already approached DOS for getting permission or support for undertaking their space activities. He added that actions have been taken to address the requirements and applications are being processed on a fast track mode. This was followed by feedback on reforms by industries briefing about the outline of their proposed space activities and expressing their views on space reforms during the session. This interaction further demonstrated the efficacy of space as an area of investment, innovation, inspiration, interconnection and integration.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.