India is revising its existing policies and is also in the process of bringing in new ones to increase industry participation in the space sector, Indian Space Research Organisation (ISRO) Chairman Dr K. Sivan said on Sunday.
Sivan, who is Secretary, Department of Space, said this, via a video message during the inaugural session on ‘Future of Space-International Participations and Collaborations’ at The India Pavilion, Expo 2020 Dubai.
He emphasised that the recent reforms in the sector has ensured that the role of the private sector has evolved from being just suppliers to partners in the process.
He also highlighted that space is one of the significant areas that India is looking at for international cooperation.
“I hope space cooperation will further strengthen with commercial and technological collaborations,” said Sivan, adding that Indian industry has to play a big role in the space sector globally.
India is planning to boost the space sector in the global market.
With an aim to make the country an economic space hub in the future, it also recently launched a new industry body, the Indian Space Association (ISpA).
