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India Opens Outer Space to Corporations

India Opens Outer Space to Corporations

The Government of India has launched a new initiative: the Indian National Space Promotion and Authorization Center (IN-SPACe) to provide a level playing field for private companies to use Indian space infrastructure, which will be extended into the Indian Space Research Organisation (ISRO). “It will also hand-hold, promote and guide the private industries in space activities,” said Dr Jitendra Singh, Union Minister of State  for Space.

IN-SPACe will ensure equal participation from private players through encouraging policies in a friendly regulatory environment, added the minister. “ISRO is the basic organisation – what activities or projects or missions will be carried out, it will play a major role in deciding that. But this new facility has been introduced to fill the gap and fulfill demand mode.” With the aid of Indian National Space Promotion and Authorization Centre (IN-SPACe), Indian start-ups and technology entrepreneurs will be linked up with research facilities through technology development and incubation centers to foster synergies.

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