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

PUBLISHED:

See more TechGraph stories in your search results.
Google Add TechGraph on Google
  • Invites global stakeholders to collaborate & invest in India’s space sector

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

    - Advertisement -

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.

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.

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.

- Advertisement -

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.

Stay ahead of the curve, every day.

A daily briefing covering news, interviews, and the trends driving the world forward. Curated for readers who want news, not noise.

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

- Advertisement -

Top Gainers · Global

View all
NamePriceChange
ESTCElastic N.V. $101.56 +21.28%
DKNGDraftKings Inc. $26.57 +9.70%
AMZNAmazon.com, Inc. $265.41 +3.57%
6758Sony Group ¥3,480 +3.20%
SIESiemens €228.40 +3.10%

Latest Stories

How Cybersecurity Is Becoming Central to Building Trust in India’s Fintech Sector

As digital payments become routine for millions, the industry's credibility rests less on speed and more on how well it protects the people using it.

The Hidden Economics of Fashion Ecommerce: Why Catalog Coverage Is a Business Decision, Not Just a Photography Cost

Fashion ecommerce teams often evaluate photography by looking at...

How Inflation Can Affect Your Child Plans and Education Savings

Picture a parent in Pune who paid ₹40,000 for...

The Rise of AI-Native Infrastructure and What It Means for India’s Future Cities

Our major cities are hitting a point where the...

The New Tech Patron: Why Founders like Alexey Gubarev Are Turning Private Obsessions Into Museums

When Microsoft co-founder Paul Allen wanted to house his...

Related Articles

How Cybersecurity Is Becoming Central to Building Trust in India’s Fintech Sector

As digital payments become routine for millions, the industry's credibility rests less on speed and more on how well it protects the people using it.

The Hidden Economics of Fashion Ecommerce: Why Catalog Coverage Is a Business Decision, Not Just a Photography Cost

Fashion ecommerce teams often evaluate photography by looking at the cost of a shoot, the number of images produced, and the time required to deliver them. Those numbers matter, but they do not tell the whole story. A fashion brand may carry hundreds or thousands...

How Inflation Can Affect Your Child Plans and Education Savings

Picture a parent in Pune who paid ₹40,000 for a Class 1 admission a...

The Rise of AI-Native Infrastructure and What It Means for India’s Future Cities

Our major cities are hitting a point where the current infrastructure just cannot keep...

Why Pre-Marital Health Screening Is Gaining Traction in India

In 2021, the National Policy for Rare Diseases was finalised and placed in the...

Create Cozy-Aesthetic Videos from Everyday Lifestyle Photos

There's a particular kind of content that never seems to go out of style...

How Gen Z Is Using AI to Make Matchmaking More Personal

Gen Z AI matchmaking reflects a broader shift in how young Indians approach marriage, with technology learning to understand what people are looking for rather than forcing them to fit their expectations into traditional search filters.

The Connected Exchange: NCDEX CTO Balkrishna Shankwalker on the Future of the Commodity Market

As commodity markets become more complex, NCDEX is rethinking its technology infrastructure around anticipating risks, widening digital access and improving price discovery through more connected market systems.

The best CRM for a small business with a remote sales team is the one that answers at 11 p.m.

Every month, 18,100 people in the US search for “best CRM for small businesses...

The Connected Exchange: NCDEX CTO Balkrishna Shankwalker on the Future of the Commodity Market

As commodity markets become more complex, NCDEX is rethinking its technology infrastructure around anticipating risks, widening digital access and improving price discovery through more connected market systems.

The best CRM for a small business with a remote sales team is the one that answers at 11 p.m.

Every month, 18,100 people in the US search for “best CRM for small businesses...

NumanCap Review 2026 | Markets, Margin and Mobile

Not long ago, trading meant calling a broker, paying a hefty commission, and waiting...

The Rise of Retail Spaces in India’s Emerging Cities

Organized retail in India remained more or less restricted to a select few metro...

The Death of India’s Unicorn Obsession

As funding becomes more selective and M&A and secondary buyouts gain ground, India’s startup ecosystem is beginning to rethink what success looks like beyond the billion-dollar unicorn valuation.

The New Tech Patron: Why Founders like Alexey Gubarev Are Turning Private Obsessions Into Museums

When Microsoft co-founder Paul Allen wanted to house his fascination with rock music, he didn't donate to an existing museum — he built one....

NumanCap Review 2026 | Markets, Margin and Mobile

Not long ago, trading meant calling a broker, paying a hefty commission, and waiting...

The Rise of Retail Spaces in India’s Emerging Cities

Organized retail in India remained more or less restricted to a select few metro...

Improving Daily Store Operations With Tech: 8 Prime Examples

Nowadays, running a retail store is more demanding than ever. Customers walk in expecting...

Improving Daily Store Operations With Tech: 8 Prime Examples

Nowadays, running a retail store is more demanding than ever. Customers walk in expecting...

How vertical SaaS can modernise India’s laundry and garment-care industry

Ask anyone in an Indian city how they get their clothes cleaned, and you'll...

How to Set a WordPress Maintenance Budget Without Guessing

Build a practical WordPress care budget by separating recurring support, renewals, planned improvements and work that needs a separate decision.

From Alerts to Answers: How AI Is Rewriting Fraud Detection in Financial Services

Every bank, credit union, and payments company runs on a quiet paradox. The systems...