Jitendra Singh, the Union''s Minister for Science and Technology, said on Monday that Indian companies might soon launch space satellites as well as satellite constellations and test their rockets.
On the occasion of the First Anniversary of the Indian Space Association, Jitendra Singh said, "Revolutionary and out of box decision" of Prime Minister Modi to open the spaceector for private sectors in June 2020 had altered the country''s unique nature.
Aside from this, the Minister informed that L&T and HAL are producing five PSLVs locally, while OneWeb is all planning to launch their satellites through ISROand NSIL.
Singh said that space reforms have unleashed the innovative potentials of startups in just a few weeks. "Within a few weeks, from a couple of space start-ups three-four years back, today we have 102 startups working in the areas of space debris management, nano-satellite, launch vehicle, ground systems, etc."
With the combination of R&D, academia, and industry with a stake in the project, it''s safe to say that a Space Revolution led by ISRO, along with the private sector, and startups is on the horizon, according to the minister.
Singh said that the country''s young and private industrial enterprise''s strength and innovative potential will take a lead in the global space technology crisis in the near future. He expressed hope that India''s young technology specialists will overcome new barriers in the space field while they look to mitigate limitations.
In a short span of one year, the minister praises ISpA''s work in assisting and establishing global connections for the Indian space industry. He said members of ISpA are constantly striving to provide policy advocacy and engage in the reciprocation of knowledge and vision to make India a flag bearer in the space tech field.
ISpA''s role as a commune to deliberate interactions between key stakeholders is vital and crucial.
While pursuing the government''s strategy to space reforms, the minister hoped that preserving the high standard of ''Atmanirbhar Bharat'' would result in significant technological advancements and investments in the country.
In light of recent global conflicts, Jitendra Singh believes space, a dual-use technology domain, is emerging as an important multi-faceted enabler.
He added that many nations are today focusing on developing their military space capabilities to ensure its safe, secure, and friendly use, along with a deterrence capability to refuse it to adversaries.
Singh said that India has agreed to leverage the benefits of this emerging dimension of warfare, and that while the Indian government is taking strong and decisive steps towards ensuring Atmanirbharta in the space industry are effectively enhanced and channeled to develop cutting-edge solutions. In times to come, India will also gain a decisive advantage over our competitors.
According to a press release, the minister highlighted the important role played by ISpA in partnering with the Indian Telecom Regulatory Authority, the Ministry of Defence, and the three services in order to address their demands and said that ISpA will play a significant role in supporting the government''s capabilities and capacity building initiatives in future.