In a major reform in the India's space arena, the private sector will now be allowed to carry out space activities like building of rockets
New Delhi: In a major reform in the India's space arena, the private sector will now be allowed to carry out space activities like building of rockets, satellites and providing launch services, ISRO chief K Sivan said on Thursday.
Terming this a "major reform", Sivan said the private sector can also be part of the inter-planetary missions of the Indian Space Research Organisation (ISRO).
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The private sector will be enabled to carry out space activities like building of rockets, satellites, providing launch services on a commercial basis.
He, however, added that ISRO's activities are not going to reduce and it will continue to carry out space-based activities including advanced research and development, inter-planetary and human space flight missions.
K Sivan
He said the move will not only enable accelerated growth of the space sector, but will also help the Indian industry play a major role in the global space economy.
