Union Minister of State for Atomic Energy and Space Jitendra Singh has said that Indian Space Research Organisation (ISRO) is all set to open its facilities for the private sector.
For the first time, future projects such as planetary exploration and outer space travel will be open to the private sector. Indian private sector will be a co-traveller in India’s space sector journey. Private companies will be provided a level playing field in satellite launches and space-based activities.
The new reforms will seek to shift the space-related activities from supply-based model to a demand-based model. With the creation of Indian National Space Promotion and Authorisation Centre, 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.
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, the Minister added.