Prime Minister Modi discussed reforms in the space sector and said: “Our approach to space reforms is based on four pillars: freedom for the private sector in innovation, the role of government as an enabler, to prepare young people for the future. and see the sector as a resource for the progress of the common man ”.
The Prime Minister also said that with the ‘Atmanirbhar Bharat’ vision, our country is witnessing global reforms. The Prime Minister said: “It is not just a vision, but a well thought out and integrated economic strategy that is facilitating global development.”
Prime Minister Modi said. “This is the time for exponential innovation, which can only be achieved when the government does not play the role of manager but of facilitator. Today Govt is sharing its experience and providing launch pads for the private sector. Today, the ISRO structure is open to the private sector ”.
Prime Minister Modi also said that previously the space sector was synonymous with government. He said the government in power changed that mindset, brought innovation to the space sector, and set the mantra of government-startup cooperation. This new mantra is needed because this is not the time for linear innovation for India.
According to a statement from the Prime Minister’s Office (PMO), the ISpA is the leading industrial association of space and satellite companies, aspiring to be the collective voice of the Indian space industry.
It will be committed to supporting policies and engaging with all stakeholders in the Indian space sector, including the government and its agencies. ISpA echoes the vision of Prime Minister Narendra Modi of Atmanirbhar Bharat, making the country technologically advanced and protagonist in the space arena.
ISpA is represented by leading national and global companies with advanced capabilities in space and satellite technologies.
Its founding members include Larson & Toubro, Nelco (Tata Group), OneWeb, Bharti Airtel, Mapmyindia, Walchandnagar Industries, and Ananth Technology Limited. Other key members include Godrej, Hughes India, Shareholder-BST Aerospace Private Limited, BEL, Centum Electronics, and Maxar India.
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