Times of India·3 min read·medium

'Space ecosystem has to grow': Isro chief defends expanding private sector role

Y
YASHASVI VASISTHA
'Space ecosystem has to grow': Isro chief defends expanding private sector role
AI Summary

ISRO Chairman V Narayanan has defended the agency's move to increase private sector participation in India's space program. He emphasized that the initiative is intended to grow the national space ecosystem rather than privatize the government agency.

Why it matters

This shift reflects India's broader economic strategy to leverage private innovation to meet increasing demands for space-based services and launches.

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NEW DELHI: Isro chairman V Narayanan on Monday said the space agency remains a government organisation and dismissed concerns about its privatisation, saying the growing involvement of private companies and startups is part of efforts to expand India’s space ecosystem.His remarks came a day after nine employee associations at Isro centres sought official clarification on the proposed transfer of some manufacturing and operational functions to private entities.Speaking to reporters after the inaugural ceremony of the ninth edition of the Bengaluru Space Expo (BSX), Narayanan said the concerns raised by employees were genuine and that it was the organisation’s responsibility to address them.“So, surely, my colleagues, whatever they have, it is a genuine concern.

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