ISRO private companies

Centre's decision to open space sector to private firms will benefit India, says ISRO chief K Sivan

Indian Space Research Organisation (ISRO) chief K Sivan on Thursday (June 25) welcomed the Centre's decision to open up the space sector to private companies, saying that the move will put India in a new league.

Jun 25, 2020, 13:45 PM IST

Private players welcome in India’s space journey but ISRO needs an organizational revamp to focus on R&D

In a recent press conference, India’s Finance Minister Nirmala Sitaraman announced that the private sector will be a co-traveller in India’s Space journey. The announcement was made as a part of Policy reforms to fast-track Investment effort towards Atmanirbhar Bharat (Self-reliant India). But beyond the participation of private players and industry partners, ISRO needs much more impetus from within and outside in order to establish itself as a big player in the highly-competitive 21st century Global market. 

May 28, 2020, 13:20 PM IST