In recent time India’s space program has achieved numerous successes through its state-owned agency – Indian Space Research Organization (ISRO). Recently another feather in the cap was added with the launch of Brazil’s Amazonia-1 satellite last week from Sriharikota.
The sector has grown exponentially over the last six decades with considerable expansion in its scope and domain. The success of the sector can be attributed to Dr. Vikram Sarabhai, Dr. A.P.J. Abdul Kalam, and other notable people. All of them believed in the potential of India’s Space sector. The country spent around US$ 1.8 billion on space programs in 2019-20. The country on average launched 5-7 satellites per year in recent years while the figure for the US is around 19 satellites. Similarly, China launches approximately 34 satellites.
The Indian space sector have been opened in June 2020 by the Government. It allowed the participation of the Indian private sector in the entire domain of space activities. This includes satellite creation, launches, and space-based services that were earlier not open to them. The bill aims to promote and regulate the space activities of India. It focuses on encouraging the participation of private-sector agencies under the guidance and authorisation of the government through the Department of Space. ISRO and its research centers have active programs with academic and research institutes across the country. They are also training personnel from numerous countries around the globe.
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