Top News
|Japanese Foreign Ministry to help its Startups, Small and Medium industry to enter India | The Japan-India Economic Affairs Division will encourage Japanese companies to expand investment and presence in India | The Ministry has urged India to remove or reduces regulatory challenges | Jiji Press reports there were about 1400 Japanese companies in India in 2024, the same as in 2018 | Gurgaon-based Maruti Suzuki, owned by Suzuki, is among the top Japanese companies in India | Indian Defence Ministry working on Deeper Civil-Military Technology Cooperation | India attracts $40 billion in FCNR (B), or Foreign Currency Non Resident (Bank) deposits, in two months from overseas Indians | A similar scheme, with better interest rates in 2013, had attracted $26 billion | Ngulkham Jathom Gangte, IFS Batch 1994, is appointed as India’s Ambassador to Mexico | He is currently serving as Special Secretary in the Ministry of External Affairs | Congratulations, Ambassador. 🎉💫 | Trump Threatens to Bomb Bridges and Power Plants In Iran Every Time it Attacks Ships in Strait of Hormuz | Captain Shivani Sehrawat creates history by becoming the First Woman ADC to the Indian Army’s Chief of Staff | Maldova Presudent Maia Sandu says her country can be Gateway to Europe for Indian businesses | India and China will gave differences but they Should Not Become Disputes, says Jaishankar | Trump Approves 30-year Civil Nuclear Cooperation Agreement with Saudi Arabia | India Strategic Greets President Emmanuel Macron and the People of France on their National Day 14 of July | Viva la France | Qatar mourns passing away of former Emir Shaikh Hamad bin Khalifa Al Thani. He was 74 | Australia to supply Uranium to power Indian Reactors after Modi, Albanese announce agreements on Defence and Nuclear Energy | Modi, New Zealand PM Christopher Luxon elevate ties to Strategic Partnership | 12 Pacts include cooperation in Indo-Pacific and Logistics Support to Naval Ships | Bilateral trade to double to about US $ 4 billion by 2030 | Indian Navy Commissions 6th Nilgiri class Stealth Frigate INS Mahendragiri | Future Wars will use AI but will be won by Trained Soldiers and Robust Military Power, says Rajnath Singh | Akashvani, the popular state-run All India Radio, is 90 | China recovers Reusable Rocket, as visualised in the 1962 James Bond film Dr No | US Elon Musk’s SpaceX was the First to do so, and China follows as the Second | Modi in Indonesia, and then Australia and New Zealand to strengthen Indo-Pacific partnerships | Defence, Minerals, AI top agenda | Jaishankar commends Qatar’s role in Iran-US Peace Talks | India building Semiconductors and Electronics clusters, in collaboration with Japanese and other companies: PM Modi | China conducts rare Submarine Launched Ballistic Missile Test, the first since 1980 | India Joins UN Global Dialogue on Artificial Intelligence in Geneva July 6-7 | LNG supplies resume through Strait of Hormuz after US, Iran Ceasefire | 15 of 20 Indian Fertiliser ships stuck in Hormuz set sail | India sourced Fuel from 40 countries during the Hormuz closure, says Modi | Modi signing Agreements with Australia to buy Uranium and Minerals | India creates 900 million Unique Health IDs towards Digital health ecosystem | India to double Gas buys from US from existing 2.2 million tonnes of LPG | Trump says Iran’s Nuclear Programme Obliterated in US bombings | Egypt inaugurates its new 22-acre Defence HQ, shaped as Octagon | US Celebrates 250 Years of Democracy, History and Power | India Strategic Greets All American Friends on this Blessed Occassion🙏😇🎉♥️💫 | India, Japan to boost bilateral trade from the existing $25b | Japan interested in utilising ISRO rockets for Space launches | Shipbuilding major for Japan or frigates Air Land and Naval Specific issues will cone on the table | J projects look at Notth East Think Tank exchanges | Semiconductor being developed in Assam with Japan Enhancing bilateral cooperation | Imp of quad Of co-op in info pacific | General Dhiraj Seth Took Over as India’s 31st Army chief on June 30 | He succeeds Gen Upendra Dwivedi who Retired after 40 Years of service | Gen Seth was commissioned into the Armoured Corps in 1986 | Gen Seth has commanded Strike formations and was also GOC of the important Delhi Area | India to Warmly Welcome Japanese PM Sanae Takaichi July 1-3 for Annual Summit | India sends Portable Field Hospital to Venezuela along with Doctors and Medicines | 41 Indian Army Para Field personnel sent under Op Amistad, or Friendship | Two IAF Boeing C 17 fly 15,000 km with Medics and Equipment to the faraway Friends | Iran reiterates exclusive right to control Strait of Hormuz | Iran also warned Safe Passage cannot be assured for Ships sailing away from its designated channels | Six Arab Gulf States call for Restoration of Freedom of Navigation in the strategic Strait | Iran warns: “Gulf States’ strategic survival at Mercy of Tehran’s Tolerance” | India, Switzerland to deepen Science and Tech Ties | Starmer resigns as UK Prime Minister amid mounting Labour Party pressure | US, Iran War Ends with a Binding Commitment from Iran to Never Produce Nuclear Weapons | Oil Starts Flowing Freely Through Strait of Hormuz | US and Iran both Allow Movement of Oil Tanker’s | ONGC to Invest $1.5 billion to Boost India’s Oil Storage by 33 % | Qatar Amir-gifted Boeing 747 is new US Air Force Presidential Jet | Meta and Reliance to set up a huge Global Digital Hub in Jamnagar | Modi, Trump meet warmly again, this time at G7 | Modi showers praise on Trump for his Middle East peace effort | Trump says We always had Tremendous Relationship with India | Trump praises Modi, jovially calling him ‘a killer’ for his negotiating skills at G7 | Modi said Freedom of Navigation in the Strait of Hormuz is A Must | Trump expressed condolences for the Indian sailors killed in US Navy attack in the Gulf | Trump said US and Iran will sign an MoU to end their war on Friday June 19 | All the G7 Leaders supported the Peace Effort | Modi, UAE President Shaikh Mohammed agree to work together on Middle East Peace, Security and Stability | Piyush Goyal discusses expanding partnership with Prince Albert II of Monaco
SPACE

SPACE POLICY 2023: Making Space Industry at par with Global Industry

By R. Anil Kumar

Synopsis

The union government has published the Space Policy 2023 that lays down regulations for privatizing space missions in India
The Indian Space Policy 2023 unveils the government’s plan to let private enterprises carry out end-to-end activities – from launching satellites and rockets into space to operating Earth stations.
Promoting the private sector will enable the Indian space program to remain cost competitive within the global space market, and thus create several jobs in the space and other related sectors.

What is in Indian Space Policy 2023?

Vision: The ‘Vision’ is to “enable, encourage and develop a flourishing commercial presence in space” that suggests an acceptance that the private sector is a critical stakeholder in the entire value chain of the space economy.

Bangalore. Two weeks after getting the formal approval of the Union Cabinet, the Indian Space Research Organization (ISRO) has formally published the Space Policy 2023 that seeks to lay down formal regulations for privatizing space missions in the country.

In addition, the policy also laid out guidelines for operations of the NewSpace India Limited (NSIL), ISRO’s commercial arm, as well as the Indian National Space Promotion and Authorization Centre (IN-SPACe).

The idea appears to be to create an overarching, composite and dynamic framework to implement privatization of space missions.

The policy document says Indian consumers of space technology or services such as remote-sensing, communication, data-services and launch services, both from public and private sectors, would be free to directly procure them from any source.

While INSPACe, as the nodal private space project authorization body, would oversee the maintenance of a stable and predictable regulatory framework to provide level-playing field to private entities in the space sector, ISRO will conduct space research activities with its subsidiary NSIL taking up commercial launch contracts using its launch vehicles.

The document was hailed by industry associations and experts. The Broadband India Forum, an independent think tank said given that six to seven regulatory agencies under government were involved in space programs, there was a need for better clarity on various functions, obligations and responsibilities to remove the complexities.

“Till now, this picture was a bit hazy but the near-impossible objective of total clarity has been superbly accomplished in the policy document released yesterday as Indian Space Policy 2023,” the Forum said in a statement.

“For the first time, such abundant clarity has been provided on the matrix of functions and responsibilities that it should be extremely smooth for India to take off powerfully in its space mission. It is a welcome and laudable policy.

Government’s move to focus on encouraging advanced R&D in space that caters to national priorities while ensuring a level-playing field for private entities through the INSPACe option.

Many also felt that India’s space program would go a long way with the steps to encourage and support start-ups in the space sector.

The non-governmental entities in the space sector would include corporate entities and start-ups who can undertake end-to-end activities in space.

Going forward, start-ups can offer satellite communication services, operate on-ground mission control centres, place their own satellites in orbit, establish and commercially run privately-owned remote satellite services, undertake space safety projects, and also “engage in the commercial recovery of an asteroid resource or a space resource,” the document said.

As for INSPACe, it would continue to play its existing roles that includes authorizing private space companies to build, launch and operate satellites, rockets and ground stations besides promoting manufacture and incubation hubs such as the Space System Design Labs that was unveiled in March.

Experts have described the policy as a “mother document for all future regulations” for the sector since it codifies all efforts towards promoting private space start-ups that India has taken up over the past few years. Indian Space Association (ISpA) said the policy brings clarity around space activities, specifically around space communications and other applications.

Related Articles

Back to top button