India continues to flex its muscle into space to become more visible in the global space economy. Friendly policies have opened the skies for the private sector’s entry into space. Independent nodal agency Indian National Space Promotion and Authorisation Centre (IN-SPACe) acts as a regulator-enabler for the space domain. The government, IN-SPACe, Indian Space Research Organisation (ISRO) along with private players will explore possibilities of space based activities. As per media reports, around 27 private companies have approached the Centre with space proposals to build vehicles, satellites and offer space mission services.
A liberalised space sector attracts investments that go beyond aerospace and defence (A&D) sector and satellite communications (SATCOM) technologies. Any investment that goes into space will require software and hardware inputs. Indirectly, it will open up software and hardware jobs on ground, besides expanding the tribe of space...