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Space-sector revamp: IN-SPACe to mentor startups and private sector; NSIL to monetise Isro know-how

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Space

Space-sector revamp: IN-SPACe to mentor startups and private sector; NSIL to monetise Isro know-how

The aim of the revamp is to create diversity in space-programme participation, attune services to demand, create growth opportunities, and promote innovation and a profit mindset. This takes some burden off Isro, allowing it to focus on advanced research and explore projects of national importance.
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7 Sep 2020 7 Mins Read 0 comment
Students celebrate the launch of Chandrayaan-2. Getty Images
Students celebrate the launch of Chandrayaan-2.
In May 2020, finance minister Nirmala Sitharaman announced that the government was actively pursuing reforms in the space sector to allow private-sector participation in satellite launches and space-based services. The next month, the Union Cabinet approved the establishment of Indian National Space Promotion and Authorisation Centre (IN-SPACe) to provide an administrative environment for private companies to use Indian space infrastructure.
The views expressed in this article are personal. The author is a lawyer working with AZB & Partners, Mumbai, and has been a research scholar with UNIDROIT on global navigation-satellite systems. The author is grateful to V Gopalakrishnan, former policy analyst, Isro, for his invaluable guidance on this article. ( Graphic by Sadhana Saxena)
In May 2020, finance minister Nirmala Sitharaman announced that the government was actively pursuing reforms in the space sector to allow private-sector participation in satellite launches and space-based services. The next month, the Union Cabinet approved the establishment of Indian National Space Promotion and Authorisation Centre (IN-SPACe) to provide an administrative environment for private companies to use Indian space infrastructure. The views expressed in this article are personal. The author is a lawyer working with AZB & Partners, Mumbai, and has been a research scholar with UNIDROIT on global navigation-satellite systems. The author is grateful to V Gopalakrishnan, former policy analyst, Isro, for his invaluable guidance on this article. ( Graphic by Sadhana Saxena)

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