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HomeNewsPM Launches ISPA, Welcomes Private Stakeholders To Boost Indian Space Industry

PM Launches ISPA, Welcomes Private Stakeholders To Boost Indian Space Industry

Prime Minister Narendra Modi launched ISPA a single-window that aims to make the country self-dependent in the space industry. During a virtual meeting held today, he discussed the need to bring private sectors and government agencies together to fulfill the Aatmabnirbhar Bharat mission.

While introducing The Indian Space and Satellite Companies Association, he said it will work as an independent agency where Government will play the role of an enabler. He also welcomed all stakeholders and said “Indian Space Research organization is being opened for the private sector.”

PM Modi Talked About India’s Four Pillars In Space Industry

India’s space sector is standing on the pillars of innovation, resources, talented youngsters, and the government supporting them. He further said this time country needs to focus on exponential innovation rather than linear.

Modi also discussed privatization as a part of Aatmanirbhar Bharat that aims to boost the country’s development. Privatization of Air India reflects our seriousness and commitment, he added.

In addition to his, Modi also threw light on how countries got divided in the race to space in the 20th century. India plays a vital role in this sector and thus it needs to ensure that the world gets united through space in the 21st century.

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ISPA has founding members from private sectors with Nelco, Bharti Airtel, Larson and Toubro, MaymyIndia in the list. Others are BEL, Hughes India, Godrej, and more.

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