PM meets space industry leaders; Spaceport in Tuticorin, fund for startups on agenda.
Since the announcement of opening up the space sector to private players in June, the department of space has received 25 applications from industries seeking permission or support for space activities. These activities range from satellite constellation, small satellite launch vehicles, ground station, geospatial services, propulsion systems and application products, according to Indian Space Research Organisation (ISRO).
On Monday, Prime Minister Narendra Modi met representatives of eight space agencies to improve participation and seek suggestions for the newly created Indian National Space Promotion and Authorization Centre (IN-SPACe), an independent body that will give authorisation, monitor, and also share government resources for space activities.
ISRO chairperson and department of space secretary K Sivan briefed the PM about steps taken so far. He said actions have been taken to address the requirements and applications are being processed in fast track mode.
“The event was mostly aimed at assessing what the space sector is currently doing and taking feedback about the recent changes in the space sector. The government is looking at implementation of the suggestions made today,” according to a person present at the meeting.