Suryaa National Desk: Surya Science & Technology Bureau, Bengaluru: The Indian Space Research Organization (ISRO) is taking steps towards privatisation, and on the concerns of trade unions... Surya Science & Technology Bureau, Bangalore: ISRO Chairman Dr. V. Narayanan made it clear. He concluded that ISRO will never be privatized and will continue to be fully managed by the Government of India.
He clarified that increasing the participation of private organizations and start-ups in the space sector does not mean privatizing ISRO, but the aim is to expand the country's space economy. 75 to 80 percent of the budget for PSLV and GSLV is for the private sector: The ISRO chairman explained that the role of private industry has always been crucial in India's space missions. "A PSLV (PSLV) or GSLV (GSLV) rocket is going into the sky...not every single one is made by ISRO alone. About 75% to 80% of our total rocket budget goes to Indian private industries. At present, more than 450 private companies are working with ISRO," he reminded.
He stated that private participation is inevitable in view of the demand of about 50 launch vehicles in the country every year. ISRO's focus on advanced research: By transferring routine tasks like manufacturing simple satellites and assembling rockets to domestic industries, Narayanan explained, ISRO can focus its full scientific resources on complex projects like Gaganyaan (manned space mission), deep-space research, next-generation launch vehicles (NGLV) and the Indian Space Station (BAS). He added that these reforms will create new jobs in the country and strengthen the economy. It has been revealed that the upcoming NVS-03 navigation satellite launch will take place as per schedule.
