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

Date:

Trending

- Advertisement -
  • 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.

- 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 -

More Latest Stories

More Articles

The IoT Platform Market Just Consolidated: Smart Integrators Are Looking Elsewhere

Three platforms changed owners in 15 months. Your stack didn't change. Your risk profile did.

How Home-Based Healthcare is Improving Medical Accessibility Across India

The Indian health care industry has seen considerable transformation in recent times, primarily due to changes in patient demand and an increasing need for convenient and cost-effective health care. India is a country where high-quality health care facilities were available only in urban areas,...

Meta Platforms, Broadcom Partners to Co-Develop Multi-Gen Silicon AI Chips

Facebook parent Meta Platforms (NASDAQ: META) has expanded its partnership with Broadcom to co-develop...

Practo Names Srijesh Kumar as Global CPTO

India-based online doctor consulting platform, Practo has announced the appointment of Srijesh Kumar as...

Matrix Geo Solutions Wins ₹5.14 Crore Narmada Survey Project from MPSEDC

Matrix Geo Solutions Limited has received a Letter of Acceptance (LoA) from Madhya Pradesh...

Why Reliability and Security Are the New Differentiators in Enterprise Tech

For years, enterprises competed on features, scale, and speed. Today, the real differentiator is...

Trump Accuses Iran of Breaching Ceasefire, Warns Over Strait of Hormuz Transit

The US President Donald Trump has accused Iran of failing to allow adequate oil...

India’s Foreign Secretary Vikram Misri Holds Talks with FBI Chief Kash Patel

India’s Foreign Secretary Vikram Misri met FBI Chief Kash Patel in Washington on Thursday...

Sawai Capital Executes ₹300 Crore Structured Credit Transactions in Q4

A Gurugram-based wealth and investment platform, Sawai Capital, has executed structured credit transactions in excess of ₹300 crore during the fourth quarter, with deal...

Cisco Appoints Pete Shimer to Board, Daniel Schulman to Step Down

Cisco Systems (NASDAQ:CSCO) has appointed Pete A. Shimer to its board of directors, while...

Cisco Director Pete Shimer Files Initial Ownership Disclosure with SEC

Cisco Systems (NASDAQ: CSCO) board member Pete A. Shimer has filed an initial statement...

Buy vs Build in the AI Era: Why Enterprises Are Rethinking Technology Strategy

Every decade or so, a shift arrives that forces enterprises to rethink how they...

Cisco Report: Cybersecurity Remains Top Challenge as Industrial AI Adoption Expands

Cisco Systems (NASDAQ:CSCO) has released its latest State of Industrial AI Report, highlighting how...

Motilal Oswal Alternates leads $280 Mn Series E Round for KreditBee

India based digital lending platform KreditBee (KrazyBee Services PVT Ltd) has raised $280 million in a Series E funding round at a post money...

Cisco Appoints Pete Shimer as its board of directors

American multinational technology conglomerate, Cisco Inc (NASDAQ: CSCO) on Tuesday announced the appointment of Pete Shimer to its board of directors with the immediate effects. Shimer currently serves on the boards of Alaska Airlines, Korn Ferry and Synopsys, and is Executive Chair of the Cancer...

Cambodia Installs Statue Honouring Mine Detection Rat Magawa

Magawa, a landmine detecting rat who was awarded a gold medal for his service,...

GPS Renewables’ GPSR Arya Raises ₹500 Million from Axis AMC to Scale CBG Projects Across India

GPSR Arya, the asset platform of GPS Renewables, has raised ₹500 million in mezzanine...

How Modern Technology Enhances Efficiency and Performance of Residential HVAC Systems

Modern technology has revolutionized many aspects of our daily lives, and residential HVAC systems...

CredResolve Secures Pre-Series A round funding from Merak Ventures & Others

CredResolve, an India-based AI-powered debt collections infrastructure company, has raised a pre-Series A funding...

How to Avoid Distracted Driving on the Road

Driving on today's roads requires utmost attention and care. As automobiles evolve with advanced...

Closing India’s Employability Gap with Tech-First Hiring Models

India’s employability challenge is often framed as a skill gap problem. But that’s only...

VES College of Architecture’s Dr. Prof. Anand Achari on Preparing Students for Real Urban Challenges with AI and Design Thinking

Speaking with TechGraph, Principal of VES College of Architecture (VESCOA), Dr. Prof. Anand Achari,...

The Future of Crypto Investing Is on Autopilot

When most people think about cryptocurrency investing, they envision charts fluctuating rapidly, traders responding...

NVIDIA CEO Jensen Huang Reports 437,908 Shares Disposal at $181.93 Each

Jensen Huang, President and CEO of Nvidia Corporation (NASDAQ:NVDA), has reported a series of...

Buy vs Build in the AI Era: Why Enterprises Are Rethinking Technology Strategy

Every decade or so, a shift arrives that forces enterprises to rethink how they...

ASLI Appoints Rajagopal G as Chairman for 2026–28 Term

Association of Senior Living India (ASLI) has announced the appointment of Rajagopal G as...

realme Launches realme 16 5G in India with Dual 50MP Cameras, 7000mAh Battery

With a bid to strengthen its position in the mid range segment, realme has...

SatLeo Labs Raises $2.2 Mn Seed Round Led by Unicorn India Ventures

SatLeo Labs, a Gujarat-based space tech startup focused on capturing high-resolution thermal and visible...

How Graphics on Cars Can Boost Your Business

In today's competitive market, businesses are constantly looking for innovative ways to stand out...

Cisco Report: Cybersecurity Remains Top Challenge as Industrial AI Adoption Expands

Cisco Systems (NASDAQ:CSCO) has released its latest State of Industrial AI Report, highlighting how...

The Future of Crypto Investing Is on Autopilot

When most people think about cryptocurrency investing, they envision charts fluctuating rapidly, traders responding...

How NBBL’s New Technology Stack Is Transforming the Future of Payments

India’s digital payments ecosystem has reached a scale that very few countries in the...

NVIDIA CEO Jensen Huang Reports 437,908 Shares Disposal at $181.93 Each

Jensen Huang, President and CEO of Nvidia Corporation (NASDAQ:NVDA), has reported a series of...