Union Minister of State (Independent Charge) Ministry of Science and Technology, MoS PMO, Space and Atomic Energy, Dr Jitendra Singh said that Indian StartUps will soon launch Space satellites as well as satellite constellations and try their rockets.
The Minister also informed that five PSLVs are being domestically produced by L&T and HAL, while OneWeb is all set to launch their satellites through ISRO and NSIL.
Speaking at the India Space Conclave in Delhi on the occasion of first anniversary of the Indian Space Association, ISpA, Dr Jitendra Singh said, the revolutionary and out of box decision of PM Modi to unlock the Space sector for Private Industry in June, 2020 changed the very nature of Space ecosystem of the country.
Dr Jitendra Singh said, Space reforms have unleashed the innovative potentials of start-ups and within a short span of time, from a couple of Space Start-ups three -four years back, today we have 102 start-ups working in cutting-edge areas of space debris management., nano-satellite, launch vehicle, ground systems, research etc. The Minister said, with the integration of R&D, Academia and Industry with equal stake, it is safe to say that a Space Revolution led by ISRO along with the Private Sector and Start-ups is on the horizon.
Dr Jitendra Singh said, the strength and innovative potential of our young and private industrial enterprise will take a lead in the global space technology disruption in times to come. He expressed hope that India’s young technology wizards shall breach new barriers in the field of Space Technology while they set out to address the limitless opportunities offered by the Space Domain.
The Minister lauded the role of ISpA for marvellously working in developing and forming global linkages for the growth of the Indian Space Industry in a short span of one year. He said, members of ISpA are continuously striving in undertaking policy advocacy and engaging in the reciprocation of knowledge and vision to make India a flag bearer in the sphere of Space tech domain.
Dr Jitendra Singh said, ISpA is acting as a major contributor toward supplementing the Indian Government’s endeavours to make India acquire a leading position in the arena of commercialised space-based excursions. He said, for this, ISpA’s role as a commune to deliberate interactions between the key stakeholders becomes a vital and critical one.
