India’s Cabinet Clears Way to Open Up Space Sector to Private Players

Cabinet clears way to open up space sector to private players
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Swiftly acting on an earlier government decision to open up the space sector for private sector participation, the Union Cabinet on Wednesday cleared creation of a new entity, called Indian National Space Promotion and Authorization Centre (IN-SPACe), to facilitate private entities. The centre is expected to provide a level playing field to private companies aspiring to use Indian space infrastructure. It will also hand-hold, promote and guide the private industries in space activities through supportive policies and a friendly regulatory environment, said Jitendra Singh, minister in charge of space, during a press conference here. Allowing more private participation in […]

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