India is revising its existing policies and is in the process of bringing in new policies to increase industry participation in the space sector.
The Chairman of Indian Space Research Organisation (ISRO), Dr K Sivan stated on Sunday the country is rephrasing its existing policies in the space sector.
The Secretary of the Department of Space, Sivan said via a video message in the inaugural session on ‘Future of Space-International Participations and Collaborations’ at the India Pavilion, Expo 2020 Dubai.
Dr K Sivan highlighted that the recent policies in the space sector has ensured that the roles of the private sector has advanced from being just suppliers to partners in the process.
He also accentuated that the space sector is one of the key areas that the country is looking forward at for international cooperation.
Sivan believed that space cooperation will further build up with commercial and technological collaborations and the domestic industry has to play a big and key role in the space sector worldwide.
India is planning to boost the space sector in the international market and targets to make the nation an economic space hub in the future and has even also launched the Indian Space Association (ISpA) that is a new industrial body.
ISRO chief has said that the union government is open to invite private players in the space sector and ISRO is tying up with several start-ups and industries.
ISRO in past, has also collaborated with Niti Aayog, and Department for Promotion of Industry and Internal Trade (DPIIT) to uplift space start-ups across the country.
The six-month-long Expo 2020 Dubai, that began early on October 1, 2021 will run till March 31, 2022.
India has the biggest pavilion in the Expo, mmong the 192 participating countries, and fifteen states and nine union ministries from the country are participating in this expo.
The India Pavilion features an innovative kinetic facade which is made up of six hundred individual colourful blocks.
The Pavilion is developed as a patchwork of rotating panels that depicts different themes as they rotate on their axis.
The Pavilion also symbolises the theme of ‘India on the move’ and is a unique mixture of the rich heritage and technological advances of the country.