While addressing a press conference in Bengaluru, Indian Space Research Organisation (ISRO) Chief K Sivan on June 25 said, "Space sector, where India is among handful of countries with advanced space technology, can play significant role in boosting industrial base of India.
Govt's decided to implement reformed measures to leverage ISRO's achievement by opening space sector for private enterprises." "As part of longer socio-economic reform, space reforms will improve access to space-based services for India's development.
Far-reaching reforms will put India in league of few countries with efficient promotional and authorisation mechanism for private sector space activities," he added.
"Department of Space will promote sector space activities to enable it to provide end to end space services, including building and launching of rockets and satellites as well as providing space-based services on commercial basis," ISRO Chief further said.
