Prime Minister Narendra Modi launch Indian Space Association (ISpA). An industry body aspiring to be the voice of the country’s space sector and dispensation”s commitment to reforms.
Prime Minister Narendra Modi cites the government’s success in privatising loss-making public airline Air India to assert that this shows its commitment and seriousness.
Mr. Prime Minister said the government’s policy about the public sector is that sectors where it is not need should be open to private enterprises.
Narendra Modi refer to the opening of a host of sectors from space to defence to private players and assert that his government has kept national interest as well the needs of different stakeholders in mind.
Prime Minister Narendra Modi said India is seeing reforms on such a wide scale because its vision is clear which is about having an ”Aatmanirbhar Bharat”.
Narendra Modi said India is among the few countries which has end-to-end technology in the space sector.
Prime Minister Narendra Modi said that government is helping industry, young innovators, start-ups, and will continue doing so.
PM said his government’s approach to reforms in the space sector is base on the four pillars; allowing the private sector freedom of innovation, government playing the enabler’s role, preparing youngsters for the future and envisioning the sector as a resource to help the common man development.
The ISpA will undertake policy advocacy and engage with all stakeholders in the Indian space domain which includes the government and its agencies.
Prime Minister Narendra Modi vision of ”Aatmanirbhar Bharat”, the ISpA will help in making India self-reliant, technologically advanced and a leading player in the space arena.
The ISpA is represent by leading home grown and global corporations with advance capabilities in space and satellite technologies.
Indian Space Association founding members include Larson & Toubro, Nelco (Tata Group), OneWeb, Bharti Airtel, Mapmyindia, Walchandnagar Industries, and Ananth Technology Limited.
Indian Space Association other core members are Godrej, Hughes India, Azista-BST Aerospace Private Limited, BEL, Centum Electronics, and Maxar India.
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