The Private Sector has the potential to boost the space program of India. Discuss.

Answer: With formation of Indian National Space Promotion and Authorisation Centre (IN-SPACe), space sector has been opened up for private sector.

The private sector has potential to boost space program of India:

  • Reduce cost of space missions
  • Promote infrastructure development
  • Facilitates investments in technology development and acquisition and capacity-building for space exploration
  • Contributes to new innovations, e.g. Dhruva- Space is working on high-technology solar panels for satellites
  • Helps to harvest size able talent pool available outside ISRO
  • Ensure transparency and better accountability
  • Make India’s space program more competitive
  • Promote space diplomacy and space tourism
  • Allow ISRO to focus on research and development and strategic launches

However, its ....

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