Categories: Science

Ban on import of communication satellites opens up opportunity: Isro chief

<p class="p1">The government's decision to ban the import of communication satellites throws up a huge opportunity for private players, said K. Sivan, Chairman of Indian Space Research Organisation (Isro) and Secretary, Department of Space.</p>
<p class="p1">Speaking at the webinar on 'Unlocking India's Potential in Space Sector' today, Sivan said the decision throws up a huge opportunity for private players, Isro and NewSpace India Ltd (NSIL).</p>
<p class="p1">Recently the government had banned the import of 101 defence items to make the Indian defence industry self-reliant and boost indigenization.</p>
<p class="p1">The list of import embargoed items includes satellites like GSAT 7R, GSAT-6 Satellite Terminals and Communication Satellite GSAT-7C.</p>
<p class="p1">Sivan also said the launch of small satellites also offers immense potential for the private sector and some private sector companies will soon realize their rockets.</p>
<p class="p1">According to him, the private sector participation in the space sector is healthy as it increases diversity.</p>
<p class="p1">Stressing that Isro is not being privatized Sivan said the space agency will look at research and development (R&D), capacity building, and facilitate private sector participation.</p>
<p class="p1">He said the private sector will have to do its own R&D, funding, market studies and others while Isro will provide the technical knowhow while the proposed Indian National Space Promotion and Authorisation Centre (IN-SPACe) will be the regulatory body for the private players in the space sector.</p>
<p class="p1">According to Anand Mahindra, Chairman, Mahindra Group, the public-private-partnership (PPP) model is the way to go while unlocking potential in the space sector.</p>
<p class="p1">He said cost efficiency, high-end engineering skill and frugal engineering will propel the Indian space sector. Mahindra urged the government to think and create structures and systems that were not there earlier.</p>
<p class="p1">According to R. Umamaheswaran, Scientific Secretary, Isro, the Space Activities Bill has been submitted to the Prime Minister's Office (PMO) and inter-ministerial consultation will happen and the Cabinet will take a decision.</p>
<p class="p1">He added the Satcom Policy, Remote Sensing Policy is being reviewed and a new Navigation Policy is being formulated.</p>
<p class="p1">Mahima Datla, Managing Director, Biological E Ltd spoke about the PPP in the development of vaccines.</p>.

IANS

Recent Posts

PM Modi unveils development projects worth over Rs 280 crore in Gujarat

Prime Minister Narendra Modi on Wednesday inaugurated and laid the foundation stone of various infrastructural…

1 day ago

India, China complete Disengagement in Depsang, Demchok

The disengagement process between India and China in Depsang and Demchok in Eastern Ladakh was…

1 day ago

New payment systems could weaken dollar dominance and spike De-dollarization: JP Morgan

The signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly…

2 days ago

In line with PM, top defence brass to celebrate Diwali with troops in different forward locations

In line with Prime Minister Narendra Modi's gesture of celebrating Diwali with troops in forward…

2 days ago

US lawmakers call for probe into China’s silicon photonics industry

The leadership of the Select Committee on the Chinese Communist Party (SCCCP) urged the US…

2 days ago

Two attacks in six month “unacceptable”: Chinese envoy questions Pakistan on security lapses

Chinese Ambassador to Pakistan Jiang Zaidong urged that the government should launch a crackdown against…

2 days ago