he Government in recent years has emphasized on the need to promote private participation in the space sector and the recent initiative aims to boost its involvement in the entire range of space activities through support, guidance and regulation.
Indian National Space Promotion and Authorization Center
The Government of India has launched the new initiative IN-SPACe to provide a level playing field for private companies to use Indian space infrastructure, which will be extended into the ISRO. IN-SPACe, under the Department of Space, will be the nodal national entity to drive building of satellites, rockets, or launch services through Indian industry. It will hand-hold, promote and guide the private industries in space activities.
The new vertical with its own chairman and board will function autonomously and parallel to ISRO. It will be powerful enough to promote and regulate all space-related activities of private industries. The year-old NewSpace India Ltd will have a larger role and be the industry front of IN-SPACe. These reforms will allow ISRO to focus more on research and development activities, new technologies, exploration missions and human spaceflight programme.
ISRO is the basic organisation that decides what activities or projects or missions will be carried out. IN-SPACe will ensure equal participation from private players through encouraging policies in a friendly regulatory environment.