spot_img

India Gearing up to Launch Industry-led Policies in the Space Sector: ISRO Chief, Dr. Sivan

Date:

Trending

  • Invites global stakeholders to collaborate & invest in India’s space sector

    - Advertisement -
  • India aspires to launch a dozen missions every year as against 4-5 currently: Dr. Pawan Goenka, Chairman, IN-SPACe

India is revising its existing policies and is also in the process of bringing in the new ones to increase industry participation in the space sector, Dr. K. Sivan, Chairman, Indian Space Research Organisation (ISRO) & Secretary Department of Space, Govt. of India said today while addressing the inaugural session on ‘Future of Space-International Participations & Collaborations‘ at the The India Pavilion, Expo 2020 Dubai.

- Advertisement -

Dr. K Sivan, Chairman, ISRO & Secretary Department of Space, Govt. of India virtually addressing at the inauguration of Space Week at the India Pavilion, Expo 2020 Dubai

Dr. Sivan emphasised that the recent reforms in the sector has ensured that the role of private sector has evolved from being just suppliers to partners in the process.

- Advertisement -

In his video message, Dr. Sivan highlighted that space is one of the significant areas India is looking at for international cooperation, adding, “I hope space cooperation will further strengthen with commercial and technological collaborations.” Indian industry has to play a big role in the space sector globally, said Dr. Sivan.

Highlighting the reforms in the sector, Dr. Sivan said that the government is open to inviting private players in the space sector and ISRO is tieing up with start-ups and industries. “India is focussing on international collaborations, including bilateral and multilateral partnerships,” he added.

Dr. Sivan also appreciated the Indo-UAE engagement in space and collaborations with ISRO in space applications.

He said that the Indian industry would play a big role in space sector as involvement of start-ups and MSMEs increases in future. “ISRO has joined hands with NITI and DPIIT for encouraging start-ups,” he added.

He also emphasised on the need to make outer space safe and that it’s a collective responsibility of the government and non-govt agencies to ensure that. “ISRO will be supportive of all international collaborations which benefit humanity,” he said.

Delivering the keynote address virtually, Dr. Pawan Goenka, Chairman, Indian National Space Promotion and Authorization Center (IN-SPACe) said that India aspires to launch a dozen missions every year going ahead as against 4-5 currently. He also added that the country is working on Reusable Launch Vehicle (RLV) and advanced applications. “India will also offer private services to other countries and cooperate with international agencies to develop innovative missions with cost-effective and agile launch vehicles. It’s a new India that is emerging in the space sector.”

Dr. Goenka said, “Global Space sector is expected to touch a trillion dollar by the end of this decade and the sector is going through a major transformation.”

He further said, “India is working on space laws and space policy to bring in industry focussed approach in place of just government focussed one currently.” He highlighted that the government is committed to providing an enabling environment for collaboration with national and international organisations. He said that the formation of IN-SPACe and New Space India Ltd. (NSIL) is a step in this direction, and it would change the ecosystem in India. “The evolution of start-ups in the space sector in India will lead to revolution,” he added.

Speaking at the panel discussion on the sidelines of the event, Mr. Umamaheshwaran R, Scientific Secretary, ISRO said that by supporting the investments from private sector, India would be able to contribute significantly to the USD 360 billion invested in the Space Sector globally. India is expected to contribute about USD 40-50 Billion by 2025.

Dr. Sam Dayala Dev, Director, ISRO Inertial Systems Unit (IISU), highlighted the importance of space robotics and artificial intelligence in the space domain. He also informed that Gaganyaan mission envisages humanoid flying uniquely unlike other robots where they get assembled in space.

Dr. Unnikrishnan Nair, Director, Human Space Flight Centre (HSFC), ISRO said that the fascination with human space flight will ignite the minds of the young in taking up roles in exploring space technology.

Mr. Vitaly Safonov, Deputy Director General, JSC Glavkosmos, Russia, highlighted the long term engagement with ISRO right from Aryabhatta to cryo stages. Mr. Thomos Zurbuchen, Associate Administrator, Science Mission Directorate at NASA, highlighted the close partnerships with ISRO especially on NISAR project. Mr. Antony Murfett, Deputy Head, Australian Space Agency informed that Australian space desires to closely work to enhance in supply chain with international collaboration.

Mr. Laxmesh BH, Co-Chair-Taskforce on Compliance and Regulatory Affairs, FICCI Space Sector & Head – Missiles & Aerospace Business & Operations, L&T Defence earlier said, “Many nations are today looking at focus on space sector as a growth strategy. It is time that countries collaborate together to bring in the required changes in the space treaties.”

The Space Week being organised by the Department of Space and FICCI will see a series of events on themes like Space for start-ups: Infinite opportunities in space, Space 2030: Space for Sustainable Businesses and Space-Building Capacity and Research Opportunities.

To know more about India Pavilion at Expo 2020 Dubai, please visit:

Website – www.indiaexpo2020.com

Facebook – www.facebook.com/indiaatexpo2020

Instagram – www.instagram.com/indiaatexpo2020

Twitter – twitter.com/IndiaExpo2020s=09

Linkedin – www.linkedin.com/company/india-expo-2020/viewAsMember=true

YouTube – www.youtube.com/channel/UC6uOcYsc4g_JWMfS_Dz4Fhg/featured.

Koo – www.kooapp.com/profile/IndiaExpo2020.

To know more about Expo 2020 Dubai, please visit – www.expo2020dubai.com/en.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Advertisement

More Latest Stories

More Articles

Why Global Manufacturing Leaders Are Rethinking the Role of Packaging Automation

In the global manufacturing landscape, packaging has quietly evolved from a backend operational activity into a strategic business driver. For companies with turnover above...

India’s AI Education Push: Redrob COO Kartikey Handa on Building Open AI Models for 300 Million Students

Speaking with TechGraph, Kartikey Handa, Chief Operating Officer and Head of India Operations at Redrob, discussed how India’s AI adoption has been constrained less by a lack of interest and more by affordability barriers created by global pricing models, and how the company is...

Dr Kamal Chhabra on KC GlobEd’s Approach to Global Finance and Accounting Education

Speaking with TechGraph, Dr Kamal Chhabra, Founder and CEO of KC GlobEd, discussed how...

Rethinking Medical Training: MedLern Co-founder Deepak Sharma on Digital Resuscitation Learning and Patient Safety

Speaking with TechGraph, Deepak Sharma, Co-founder and CEO of MedLern, discussed how traditional instructor-led...

India’s AIF Shift: Steptrade Capital’s Kresha Gupta on the Evolution of Alternative Investments in India

Speaking with TechGraph, Kresha Gupta, Director and Fund Manager at Steptrade Capital, discussed how...

Vimal Singh on ReadyAssist’s Role in Modernising Roadside Assistance in India

Speaking with TechGraph, Vimal Singh, Founder of ReadyAssist, discussed how traditional roadside assistance models...

The Cost of Blind Trust: How Inadequate Verification Is Fueling India’s Data Scam Epidemic

India’s digital economy is expanding faster than ever. From gig platforms and financial services...

The Rise of Emotionally Intelligent AI: What It Means for Customer Experience

A shift is transpiring across customer touchpoints as digital systems start to understand the...

Home Improvements That Benefit You Today and Boost Value Tomorrow

When it comes to home improvements, the best upgrades are those that provide immediate enjoyment and long-term returns. Whether you're looking to increase your...

How Autonomous Infrastructure Will Shape the Future of Enterprise Technology in 2026

Autonomous infrastructure is moving from imagination to inevitability. With its strengths in anticipation, analysis,...

NVIDIA EVP Debora Shoquist Offloads 80,000 Shares for About $14.77 Mn

NVIDIA Corp. (NASDAQ: NVDA) Executive Vice President of Operations, Debora Shoquist has sold 80,000...

Why Zero Code Exposure Is the Future of Trust in AI

AI coding assistants have quickly become indispensable for developers, promising faster deployment, cleaner code,...

AI Infrastructure Wars: Do Nvidia, Amazon, and Microsoft Still Have Room to Run?

Indian investors are at a pivotal moment. While our domestic markets have seen meteoric...

Inside Channel Economy: Almonds AI CEO Abhinav Jain on Fixing the Blind Spot in India’s Distribution Ecosystem

Speaking with TechGraph, Abhinav Jain, Co-Founder and CEO of Almonds AI, outlined how India’s MarTech ecosystem has focused heavily on consumer-facing intelligence while the...

Kuwait Raises Income Tax Penalty Against IndiGo Operator, Company Plans Legal Action

IndiGo Airline's parent company, InterGlobe Aviation Limited disclosed it received an income tax demand and penalty order of KWD 448,793 (INR 13.16 crore) from Kuwait’s Department of Inspection and Tax Claims for assessment years 2021–22 to 2024–25. In a stock exchange filing, the company said,...

Reimagining Live Sports Coverage: wTVision’s Divyajot Ahluwalia on How Robot Dog Champak Transformed IPL Broadcasting

Speaking with TechGraph, Divyajot Ahluwalia, Founder & Director of wTVision Solutions Pvt. Ltd., discussed...

Supreme Court Allows Texas to Use New Congressional Map for 2026 Midterms

The U.S. Supreme Court has allowed Texas to move ahead with its newly redrawn...

Understanding What Makes Sunscreen Truly Effective

Many people pick a sunscreen merely based on its SPF, thus they think that...

Why NoSQL Databases Are the Future for Tech Startups

In today’s digital-first economy, tech startups continue to dominate the startup landscape. A startup...

Delhi IGI Airport Revamped Terminal 2 with Advanced Baggage screening systems

Delhi’s Indira Gandhi International Airport (IGI) has reopened its reconstructed Terminal 2, inaugurated by...

The Future of Health Philanthropy: IGF India CEO Sundeep Talwar on Making Preventive Care Accessible for Underserved Communities

Speaking with TechGraph, Sundeep Talwar, CEO of IGF India, discussed the foundation’s decade-long journey...

The Rise of Cyber Cartels: How the Dark Web Fuels Digital Extortion?

In 2025, cybercrime has evolved beyond individual hackers or little ransomware criminal gangs into...

AI Research Startup Redrob Draws $10 Mn In Series A Funding Led By Korea Investment Partners

AI research startup Redrob has secured $10 million in its Series A round led...

Norovex Review: Inside the Trading Platform Gaining Momentum

The online trading industry has entered one of its most dynamic periods in years....

Why Zero Code Exposure Is the Future of Trust in AI

AI coding assistants have quickly become indispensable for developers, promising faster deployment, cleaner code,...

Beyond Instant Approvals: PayMe CEO Mahesh Shukla on Building Compliant Lending for India’s New Credit Economy

Speaking with TechGraph, Mahesh Shukla, Founder and CEO of PayMe, discussed how India’s digital...

Meta Declares Quarterly Cash Dividend Of $0.525 Per Share

Facebook parent company, Meta Platforms Inc. (NASDAQ:META) said its board of directors has declared...

The Evolving Classroom: Venkateshwar International School’s Pooja Sharma on Changing Role of Schools in Delhi’s CBSE Ecosystem

Speaking with TechGraph, Pooja Sharma, Vice Principal of Venkateshwar International School (VIS), discussed how...

Digital Generics: How AI is Redefining the Future of Affordable Medicine

It was with pride that global headlines described India as the world's pharmacy, supplying...

AI Infrastructure Wars: Do Nvidia, Amazon, and Microsoft Still Have Room to Run?

Indian investors are at a pivotal moment. While our domestic markets have seen meteoric...

AI Research Startup Redrob Draws $10 Mn In Series A Funding Led By Korea Investment Partners

AI research startup Redrob has secured $10 million in its Series A round led...

The Future Employability Equation: PrepInsta’s Manish Agarwal on How AI Is Reshaping Student Readiness for Hiring in India

Speaking with TechGraph, Manish Agarwal, Co-Founder of PrepInsta, discussed how the increasing adoption of...

Norovex Review: Inside the Trading Platform Gaining Momentum

The online trading industry has entered one of its most dynamic periods in years....