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"New Indian Space Policy Soon": PM Modi's Big Announcement

"New Indian Space Policy Soon": PM Modi's Big Announcement

NDTV
Saturday, June 11, 2022 09:16:40 AM UTC

"India's space programme has been, in a way, the biggest identity of 'Atmanirbhar Bharat'. When this programme gets the strength of the Indian private sector, you can imagine how much it will increase its strength," the Prime Minister said.

Prime Minister Narendra Modi on Friday inaugurated the headquarters of the Indian Space Promotion and Authorisation Centre (IN-SPACe) here, set up to promote private investment and innovation in the space sector.

As in Information Technology, he hopes that Indian firms will emerge as leaders in the global space sector too, he said.

Earlier, the space sector was closed to private companies as "they could only be vendors", but his government opened it up by bringing in reforms, PM Modi said.

"Big ideas can only make big winners. We have removed all restrictions by bringing reforms in the space sector," he said.

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