PM offers ISRO’s technology and resources to private players

Prime Minister Narendra Modi called on the private sector on Monday to use the technology and resources available at the Indian Space Research Organization (ISRO) to make India an important part of the end-to-end supply chain for space technology.

Modi said in effect at the launch of the Indian Space Research Organization (ISpA), a group of space and satellite companies, saying that the government’s space reform is based on four pillars. “First, the freedom of innovation to the private sector, second, the role of government as an enabler, third, to prepare young people for the future, and fourth, to make the space sector the progress of the common people,” he said.

The Prime Minister also reiterated the government’s seriousness and commitment to the privatization of state-owned enterprises, as demonstrated through the recent sale of Air India to Tata Group.

Emphasizing that India is one of the few countries in the world with end-to-end capabilities in the space sector, efficiency and affordability are the hallmarks of India’s space technology, as the world moves from “the Information Age to the Space Age”.

“We need to enhance the brand value of this efficiency,” he said.

Modi said his government will act as an enabler rather than a handler to drive exponential growth in the industry by transferring mature technology in this area to the private sector.

“The government also acts as an aggregator for space assets and services, eliminating the need for young innovators to spend time and energy buying equipment,” he said.

According to Modi, the 20th century was characterized by a tendency to control the space sector, which divides the universe from the nations of the world. “But in the 21st century, India must ensure that the universe plays an important role in connecting and connecting the world.”

Emphasizing the importance of space technology to 1.3 billion Indians, the Prime Minister said it would lead to better mapping, imaging and connectivity for the general public. He said the technology would also help entrepreneurs improve shipping-to-delivery speed, improve fishermen’s safety and income, and improve predictions of natural disasters.

Modi created a roadmap and said the government would soon finalize its space communications (space-based communications) and remote sensing policies, with the intention of providing the private sector with a platform for building multiple solutions. Stated.

He said the government would continue to support young entrepreneurs and start-ups. He said the platform approach is very important for developing a strong startup ecosystem.

Taking the example of the UPI platform, the Prime Minister said it became the basis for a strong fintech network. He said the government would encourage similar platforms for the use of drones in space, geospatial, and various fields.

Modi emphasized the importance of the Atma Nirbhar Bharat campaign, calling on the private sector to take advantage of the opportunity to develop their own space technology solutions. He said it was not just a vision, but a well-thought-out, well-planned, integrated economic strategy.

“This is a strategy to make India a global manufacturing powerhouse by strengthening the skills and skills of Indian entrepreneurs and young people in India,” he said. “A strategy to make India a global center of innovation based on India’s technical expertise.”

He said the strategy would play a major role in the development of the world and increase the fame of India’s talent and talent. India News Republic