Business Desk, ETV Bharat:Making a simple statement that highlights the central government’s focus on tapping the full potential of public-private partnership in India’s space sector, Prime Minister Narendra Modi on Monday assured space start-ups of full support, that too under his direct supervision.
In a roughly 45-minute meeting with private space industry leaders over video conferencing, Modi not just showed keen interest in all the projects, but also asked the participants to directly write to him or the Prime Minister’s Office on any issues they face, said a person present at the meeting on condition of anonymity.
Modi, along with Indian Space Research Organisation (ISRO) chairman K. Sivan, on Monday interacted with eight private players operating in the space sector “to encourage their participation in space activities”, said a press release by the Prime Minister's Office.
Apart from Bharti Enterprises founder and chairman Sunil Bharti Mittal and Larsen and Toubro’s whole-time director Jayant Patil, other participants included representatives from space start-ups like Agnikul Cosmos Pvt. Ltd, Skyroot Aerospace Ltd, Alpha Design Technologies Pvt. Ltd., MapmyIndia, PIXXEL India and Space Kidz India.
During the meeting, one of the main suggestions that came from the private sector was to fast-track the development of Isro’s new launchpad at Tuticorin in Tamil Nadu, said the person quoted above.
India currently has one rocket port at Sriharikota in Andhra Pradesh. The Tuticorin launch centre has a strategic advantage as rockets launched from there can fly straight to the south pole without burning fuel to swerve around Sri Lanka on the way.
This not just helps in saving the rocket’s fuel, but also improves its payload capability.
The meeting also saw private participants asking the government for creation of a separate fund for space start-ups, the person added.
Besides that, a participant also called the need for a single-window clearance system for all licenses and permissions needed by space start-ups in order to expedite their projects.
“The Prime Minister took note of this and said that he would look into the matter,” the person said.