In recent years, the Indian Space Research Organisation (ISRO) has not only made significant strides in space exploration but has also fostered a thriving ecosystem of industries and Micro, Small, and Medium Enterprises (MSMEs) that act as supply chain partners in the realisation of launch vehicles and satellites. This collaboration has set the stage for a transformative shift in India’s space landscape.
A pivotal moment came in 2020 when the Union Cabinet, led by the Prime Minister, made the decision to open up the space sector to Indian private entities. To facilitate this participation, the government established IN-SPACe (Indian National Space Promotion and Authorisation Centre) as a single-window, independent agency operating within the Department of Space (DOS).
“IN-SPACe plays a crucial role in boosting the private space sector economy in India. We act as a promoter, enabler, authoriser, and supervisor, ensuring a conducive environment for private enterprises,” said Vinod Kumar, Director at the IN-SPACe at Cypher 2024 hosted by …