Chairman S. Somanath revealed that ISRO will share its expertise, infrastructure, and data with private firms to develop next-generation satellite technology and reusable launch vehicles. "The era of privatization in space exploration has begun. This partnership will propel India into the forefront of global space innovation," Somanath stated.
Startups and established firms alike have expressed enthusiasm for the initiative. Companies like Skyroot Aerospace and Agnikul Cosmos, pioneers in India’s private space sector, are already working on launching small satellites and developing indigenous propulsion systems.
This collaboration also aligns with India’s vision to capture a significant share of the $400 billion global space economy. Experts believe that opening the space sector to private players will not only reduce costs but also position India as a major hub for satellite manufacturing and space technology exports.
The announcement follows the success of ISRO’s Chandrayaan-3 and Aditya-L1 missions, which showcased India’s growing capabilities in space science. As ISRO collaborates with private enterprises, the Indian space sector is set to enter a transformative phase.
"India's Space Revolution: ISRO Opens Doors to Private Players"