PM Modi launches IN-SPACe headquarters in Ahmedabad
11 Jun 2022 16:16:14
Ahmedabad, June 11: Prime Minister Narendra Modi inaugurated the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at Bopal, Ahmedabad. The programme witnessed exchange of MoUs between IN-SPACe and private sector companies working in fields of space-based applications and services.
He further elaborated “IN-SPACe has the potential to revolutionise India’s space industry. So this is what I would say - ‘Watch this space’. IN-SPACe is for space, IN-SPACe is for pace, and IN-SPACe is for ace.”
India is working on a New Indian Space Policy for coordinating between government companies, space industries, startups and institutions. We are soon going to bring a policy to improve ease of doing business in the space sector, the Prime Minister informed.
The establishment of IN-SPACe was announced in June 2020. It is an autonomous and single window nodal agency in the Department of Space for promotion, encouragement and regulation of space activities of both government and private entities. It also facilitates usage of ISRO facilities by private entities.
The PM termed the launch of IN-SPACe as a ‘watch this space’ moment for the Indian space industry as it is a precursor to many development and opportunities. He said “IN-SPACe will give an opportunity to the youth of India to showcase their talent to the best minds of India. Whether they are working in the government or in the private sector, IN-SPACe will create great opportunities for all.”
He further elaborated “IN-SPACe has the potential to revolutionise India’s space industry. So this is what I would say - ‘Watch this space’. IN-SPACe is for space, IN-SPACe is for pace, and IN-SPACe is for ace.”
He said that for a long time, the private sector in the space industry has been viewed merely as a vendor, a system that always blocked the ways of progress for the private sector in the industry. Only big ideas make winners.
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By reforming the space sector, freeing it from all restrictions, by supporting the private industry through IN-SPACe, India is starting a campaign to make winners today. The private sector will not just remain a vendor but will play the role of a big winner in the space sector.
India is working on a New Indian Space Policy for coordinating between government companies, space industries, startups and institutions. We are soon going to bring a policy to improve ease of doing business in the space sector, the Prime Minister informed.