homeindia NewsPrimary goal of space sector reforms is to enhance its ecosystem: ISRO chairman

Primary goal of space sector reforms is to enhance its ecosystem: ISRO chairman

The upcoming space policy will boost investments into the ecosystem and create business opportunities for private sector says S Somnath, Chairman of Indian Space Research Organisation (ISRO). He tells CNBC-TV18 there will be no significant changes to the current draft policy which is set to be finalised soon.

By Parikshit Luthra  Jun 14, 2022 9:21:54 PM IST (Published)

The government will soon roll out a space policy to ensure greater participation of the private sector. The objective of the policy is to use space as a driver of technology development and derived benefits for the economy. The purpose is to create an ecosystem for effective implementation of space applications among all stakeholders and promote greater use of space based data, tools and techniques.
The draft space policy aims to encourage the private sector to establish and operate communication satellites to meet national and international requirements, establish ground facilities for telemetry, tracking and command earth stations and satellite control centres.
Speaking in an exclusive interview with CNBC-TV18, S Somnath, Chairman of Indian Space Research Organisation (ISRO) said, “The primary goal of these reforms is to enhance the space ecosystem in this country — create a larger space enterprise in this country, where the governmental system and the non-governmental actors to graduate to the next level where we will create an industrial space ecosystem who have an end to end capability.”