New Delhi: Union Minister Dr Jitendra Singh said, in a historic milestone, Indian Space Start-ups will soon launch satellite constellations and try their new rockets. The Minister also informed that five PSLVs are being domestically produced by L&T and HAL, while OneWeb is all set to launch their satellites through ISRO and NSIL.
Speaking at the India Space Conclave in Delhi on the occasion of first anniversary of the Indian Space Association, ISpA, Dr Jitendra Singh said, the revolutionary and out of box decision of PM Modi to unlock the Space sector for Private Industry in June, 2020 changed the very nature of Space ecosystem of the country.
Dr Jitendra Singh said, Space reforms have unleashed the innovative potentials of start-ups and within a short span of time, from a couple of Space Start-ups three -four years back, today we have 102 start-ups working in cutting-edge areas of space debris management., nano-satellite, launch vehicle, ground systems, research etc.
Dr Jitendra Singh said, the strength and innovative potential of our young and private industrial enterprise will take a lead in the global space technology disruption in times to come.
The Minister hoped that ISpA keeping the motto of ‘Atmanirbhar Bharat’ high will usher in important technological advancements and investments in the country which will eventually create high-skill job opportunities, while following the government’s approach to Space reforms.
The Minister also unveiled a sector report titled” Developing the space ecosystem in India: focussing on inclusive growth” along with Chairman ISpA, Jayant D Patil, Chairman, ISRO, S. Somnath.
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