Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

NewSpace India Limited (<keyword id="7835598" type="General" weightage="20" keywordseo="nsil" source="Orion">NSIL</keyword>) launched GSAT-24 in its first "demand-driven" communication satellite mission post space sector reforms, leasing the entire capacity on board to Direct-to-Home (DTH) service provider <keyword id="13033014" type="General" weightage="20" keywordseo="tata-play" source="Orion">Tata Play</keyword>. Built by Indian Space Research Organisation for NSIL, the satellite was successfully placed into geostationary orbit by the Ariane 5 rocket, operated by French company Arianespace, from Kourou in French Guiana (South America) on Thursday. GSAT-24 is a 24-Ku band communication satellite weighing 4180 kg with pan-India coverage for meeting DTH application needs. NSIL, incorporated in March 2019, is a Central Public Sector Enterprise (CPSE), under Department of Space (DOS) and is the commercial arm of ISRO. As part of "space reforms" announced by the Government in June 2020, NSIL was mandated to undertake operational satellite missions on a "demand driven" model, wherein it has the responsibility to build, launch, own &amp; operate satellites and provide services to its committed customer. The entire satellite capacity on-board GSAT-24 will be leased to its committed customer Tata Play, the DTH business of Tata Group, for meeting their DTH application needs. The Ariane 5 has successfully placed two satellites into geostationary orbit: MEASAT-3d for the Malaysian operator MEASAT, and GSAT-24, Arianespace said after launching them on-board Ariane-V VA257 flight from the Guiana Space Centre, Europe's spaceport in Kourou. GSAT-24 is configured on ISRO's proven I-3k Bus with a mission life of 15 years. "'Demand-driven' mode basically means when a satellite is launched, one will know who the end customers are going to be and what's the kind of utilisation and commitment so that you have very effective utilisation of this satellite capacity once it goes into orbit", an NSIL official explained. "Earlier, the mode was more supply driven, with capacity being leased after the launch with largely no firm commitment by customers before hand", the official noted. "The entire mission is fully funded by NSIL -- satellite, launch, launch campaign, insurance, transportation, in-orbit maintenance and support. Once the satellite is up in orbit, this will be fully owned and operated by NSIL," NSIL Chairman and Managing Director Radhakrishnan Durairaj told PTI. "So, we will be the satellite operator for this particular satellite," he said. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/apple-has-dropped-the-second-developer-beta-update-for-ios-16-with-revamped-message-filtering/articleshow/92404124.cms">Apple has dropped the second developer beta update for iOS 16 with revamped message filtering</a> <a href="https://www.businessinsider.in/business/news/half-of-the-earnings-of-indian-companies-ceos-at-risk/articleshow/92403167.cms">CEOs are paid more now but half of the earnings are 'at risk'</a>

Tata Play rents the entire capacity of the newly launched GSAT-24 satellite

<ul><li><keyword id="3977169" type="General" weightage="80" keywordseo="oneweb-ltd" source="Orion">OneWeb Ltd</keyword> is the UK-based customer of <keyword id="7835598" type="General" weightage="80" keywordseo="nsil" source="Orion">NSIL</keyword>, <keyword id="6358064" type="General" weightage="20" keywordseo="isro" source="Orion">ISRO</keyword>'s commercial arm.</li><li><keyword id="117954" type="General" weightage="80" keywordseo="bharti-enterprises" source="Orion">Bharti Enterprises</keyword> is one of the major investors in <keyword id="2686914" type="General" weightage="20" keywordseo="oneweb" source="Orion">OneWeb</keyword>.</li><li>Indian space agency's heaviest rocket successfully placed 36 broadband communication satellites. </li></ul> Prime Minister <keyword id="6354477" type="General" weightage="80" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> on Sunday congratulated ISRO, <keyword id="10244841" type="General" weightage="50" keywordseo="newspace-india-ltd" source="Orion">NewSpace India Ltd</keyword> (NSIL) and IN-SPACe after the Indian space agency's heaviest rocket on its maiden commercial mission successfully placed 36 broadband communication satellites of a UK-based customer into the intended orbits. "Congratulations @NSIL_India @INSPACeIND @ISRO on the successful launch of our heaviest launch vehicle LVM3 with 36 OneWeb satellites meant for global connectivity. LVM3 exemplifies <keyword id="15333628" type="General" weightage="20" keywordseo="atmanirbharta-enhances" source="Orion">Atmanirbharta &amp; enhances</keyword> <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword>'s competitive edge in the global commercial launch service market," he said. OneWeb Ltd is the UK-based customer of NSIL, ISRO's commercial arm, and a global communication network powered from space, enabling internet connectivity for governments and businesses. Bharti Enterprises is one of the major investors in OneWeb. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/isro-enters-into-commercial-launch-market-by-placing-36-oneweb-satellites-into-orbit/articleshow/95044564.cms">ISRO enters into commercial launch market by placing 36 'OneWeb' satellites into orbit</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/how-green-are-green-crackers/articleshow/95039145.cms">How green are green crackers?</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/ril-shareholders-to-get-shares-on-11-basis-in-soon-to-be-listed-jfsl/articleshow/95023780.cms">RIL shareholders to get shares on 1:1 basis in soon to be listed JFSL</a>

PM congratulates ISRO on successful launch of broadband satellites

Bengaluru, State-run <keyword id="7803427" type="UNKNOWN" weightage="20" keywordseo="NewSpace-India">NewSpace India</keyword> Ltd (NSIL), the commercial arm of the space department, bagged orders to launch four foreign satellites for earth observation from <keyword id="6355143" type="UNKNOWN" weightage="20" keywordseo="sriharikota">Sriharikota</keyword> spaceport in Andhra Pradesh, a top official said on Friday. "We have signed contracts with four foreign customers to launch four satellites in the earth's lower orbit using the PSLV and SSLV rockets of the Indian space agency <keyword id="6358064" type="UNKNOWN" weightage="20" keywordseo="isro">ISRO</keyword> (<keyword id="116095" type="ORGANIZATION" weightage="20" keywordseo="Indian-Space-Research-Organisation">Indian Space Research Organisation</keyword>) from its spaceport at Sriharikota," NSIL Chairman G. Narayanan told reporters here. The top official, however, did not disclose names of the customers or their location due to non-disclosure agreements with them. "Of the four satellites, three will be launched using ISRO's polar satellite launch vehicle (PSLV) and one with its small satellite launch vehicle (SSLV). The spacecraft will be used for earth observation applications," said Narayanan, marking the company's two years of completion. The state-run NSIL was in the news recently for launching Brazil's earth observation satellite Amazonia-1 on February 28 from the spaceport on board ISRO's PSLV-C51 rocket along with 18 other satellites. Amazonia-1 is the optical earth observation satellite of National Institute for Space Research (INPE) in Brazil. In addition to these commercial launches, NSIL will launch two communication satellites for Indian customers offering direct-to-home (DTH) services and telecom operators offering broadband services using Ku-band transponders. "The two communication satellites, to be launched by ISRO from its spaceport, will be owned and operated by us (NSIL) for customers on commercial terms for revenue-generating services," said Narayanan but declined to name the customers claiming confidentiality. Unlike the now defunct ISRO's commercial arm Antrix Corporation, which has ceased to function after its deal with Multimedia Deval fell through, the 2-year NSIL is a wholly owned state-run of the department of space as a central public sector enterprise. NSIL has been formed with Rs 10 crore paid-up capital and Rs 100-crore authorised capital. The space department has provided Rs 700 crore in the budget for fiscal 2021-22 for investing in infrastructure and capacity building to make satellites, rockets and launch them on commercial terms. "We also plan to invest Rs 2,000 crore per annum over the next five years to ramp up infrastructure to build satellites and rockets, launch them and operate their services for domestic use," asserted Narayanan. The Rs 2,000-crore for investment per annum will be raised through a mix of equity and debt. "We will also ramp up our headcount by hiring about 300 more people for stepping up operations and prepare to launch more satellites and rockets," said Narayanan on the occasion. Going forward, the fledgling company will launch heavy satellites for space applications and observation in the earth's geo-synchronous orbit by state-run and private firms. "The company has generated Rs 300 crore revenue in the first year (2019-20) of operations, Rs 400-crore in the second year (2020-21) amid the Covid pandemic through launches and space-based services from ISRO's satellites," said NSIL Director for technology and strategy D. Radhakrishnan. During its first two years of operations, the company has launched 45 auxiliary customer satellites onboard ISRO's 4 PSLV missions, including Amazonia-1. SEE ALSO: <a href="https://www.businessinsider.in/careers/news/icertis-helps-google-microsoft-and-apple-manage-their-contracts-is-hiring-for-techies-and-people-in-sales/articleshow/79640659.cms">EXCLUSIVE: This Indian unicorn helping Google, Microsoft and Apple manage their contracts is hiring⁠— it needs techies as well as people in sales</a> <a href="https://www.businessinsider.in/tech/news/indias-new-cybersecurity-framework-needs-to-be-more-robust-in-order-to-be-effective-according-to-experts/articleshow/81448577.cms">It has taken over 7 years for India to revamp its cybersecurity policy — experts say there's room for carrots and sticks but not surveillance</a> <a href="https://www.businessinsider.in/tech/enterprise/news/gartner-forecasts-ai-will-replace-investor-gut-feel-in-stock-market/articleshow/81442285.cms">Gartner predicts 75% of VCs will be using AI instead of their ‘gut feel’ to make decisions by 2025 — a path that companies are already discovering</a>

ISRO's commercial arm bags orders to launch four foreign satellites as it looks to invest ₹10,000 crore over the next five years

<ul><li><keyword id="7832818" type="UNKNOWN" weightage="20" keywordseo="new-space-india-limited">New Space India Limited</keyword> (NSIL), India's commercial space company, just bagged its first customer — Spaceflight, a space rideshare company based in the US. </li><li>Spaceflight has bought a slot on board the Indian Space Research Organisation's (ISRO) new Small Satellite Launch Vehicle (SSLV). </li><li>But the SSLV has not been unveiled yet and will only embark on its maiden voyage, for the Indian government, later this year. </li></ul>The Indian Space Research Organisation's (ISRO) new commercial arm, New Space India Limited (<a href="https://www.businessinsider.in/union-budget-2019-isros-new-commerical-arm-is-new-space-india-limited/articleshow/70086097.cms">NSIL</a>), just landed its first customer. <a href="https://spaceflight.com/spaceflight-inc-purchases-and-fully-manifests-first-ever-commercial-sslv-mission-from-newspace-india-limited-nsil-the-commercial-arm-of-isro-india/">Spaceflight</a>, an American space rideshare company, just bought a payload slot on the Small Satellite Launch Vehicle (SSLV). <div type="ExtQuote" text="SSLV is perfectly suited for launching multiple microsatellites at a time and it supports multiple orbital drop-offs. It is designed for the launch-on-demand concept with very quick turnaround capability in between launches." auname="Curt Blake, CEO and President of Spaceflight"></div>

 Even though the SSLV is based on the Polar Satellite Launch Vehicle (PSLV) rocket designs, the actual launch vehicle hasn't been unveiled by <a href="https://www.isro.gov.in/update/01-jan-2019/message-chairmans-desk">ISRO</a> yet. SSLV's maiden voyage As compared the PSLV rocket, which can carry 1,100 - 1,600 kilograms, the SSLV can only accommodate 500 kilograms. And, the launch vehicle's first mission into space won't be a commercial launch with Spaceflight's payload on board. ISRO Chairman K. Sivan, told <a href="https://www.thehindu.com/news/national/isros-mini-launcher-sslv-is-unborn-but-has-2-flights-booked/article28859854.ece">The Hindu</a> that first ISRO will first launch a single defence Earth observation spacecraft in Low Earth Orbit (LEO) using the SSLV rocket by the end of the year with the commercial launch scheduled to take place in 2020. The hype around the SSLV rocket is based on the fact that it should only take ISRO around three days to put a launch together as compared to the months of preparation for other launches. NSIL's first customer NSIL might be a new company but Spaceflight is no stranger to using ISRO launch vehicles to get satellites into space. As a 'ridesharing' space company, Spaceflight normally doesn't put its own payloads on board the rockets but arranges for their clients to get their instruments on board. In April 2018, for example, Spaceflight set up 21 small international satellites to launch aboard ISRO's <a href="https://www.businessinsider.in/here-is-a-list-of-isros-biggest-launches-over-the-last-2-years-that-showcase-indias-space-prowess/articleshow/52401289.cms">PSLV C45</a> rocket. It also arranged for BlackSky Global, its subsidiary, to launch the <a href="http://www.spaceflight.com/spaceflight-industries-celebrates-successful-launch-blacksky-pathfinder-satellite-aboard-indias-pslv/">BlackSky Pathfinder-1</a> aboard another PSLV C35 rocket in 2016. Over the years, Spaceflight has completed a total of nine missions with ISRO and send more than 100 spacecrafts into orbit aboard its launch vehicles. Spaceflight has not disclosed the payload for the SSLV but did state that it's a 'US-based satellite constellation customer.' See also: <a href="https://www.businessinsider.in/union-budget-2019-isros-new-commerical-arm-is-new-space-india-limited/articleshow/70086097.cms" style="">India forms a new space company to sell ISRO’s space technology products</a> <a href="https://www.businessinsider.in/isro-to-set-up-own-space-debris-agency-because-norad-data-inaccurate/articleshow/70550082.cms" style="">India doesn't trust US with measuring space debris — and so it will set up its own agency</a>

ISRO’s new company just made its first sale to an American firm to come aboard a rocket that doesn’t exist yet

The static test of first stage solid motor (SS1) of <keyword id="6358064" type="COMPANY" weightage="20" keywordseo="isro">ISRO</keyword>'s <keyword id="6117656" type="UNKNOWN" weightage="20" keywordseo="Small-Satellite-Launch-Vehicle">Small Satellite Launch Vehicle</keyword> (<keyword id="6864059" type="COMPANY" weightage="20" keywordseo="SSLV">SSLV</keyword>) -- a new-generation compact rocket -- was not successful, according to sources in ISRO. "Oscillation was noticed after 60 seconds into the test and nozzle was blown out near the bucket flange where it's attached with the motor at around 95 seconds", sources in the Bengaluru-headquartered <keyword id="498463" type="ORGANIZATION" weightage="20" keywordseo="Space-Agency">space agency</keyword> said. It was supposed to be tested for a total duration of about 110 seconds, officials said. The <keyword id="116095" type="COMPANY" weightage="20" keywordseo="Indian-Space-Research-Organisation">Indian Space Research Organisation</keyword> had targeted to launch the first development flight of SSLV (D1) in April and may now in all probability have to revise this schedule. "SSLV First stage is a new solid motor...new design. New motor has to be static tested on the ground to prove its performance. If it is successful, one more of the same configuration is tested again for acceptance. If both are successful, no more ground test is required and third motor of the same configuration will be accepted for flight", an ISRO official said. SS2 and SS3 motors, igniters and SS2 flex nozzle assembly, liquid propulsion-based VTM (Velocity Trimming Module) thrusters, propellant tanks and propulsion components had already been realised by ISRO and made ready for the maiden orbital test flight. "We have to identify the root cause of the failure and modify the design", the official said on the unsuccessful testing at Sriharikota spaceport in Nellore district of Andhra Pradesh, about 100 kms north of Chennai, last week. Asked how long it may take for ISRO to complete the two static tests, the official said: "Maybe six months". SSLV is two metres in diameter and 34 meters in length with a lift-off weight of about 120 tons. ISRO has over the years realised five generations of launch vehicles -- SLV-3, ASLV, <keyword id="6395832" type="COMPANY" weightage="20" keywordseo="PSLV">PSLV</keyword>, GSLV and GSLV-MkIII. The space agency had earlier said the SSLV is going to be a new member of the launch vehicle family. It is intended to cater to emerging global small satellite launch service market. "We are flying an earth observation satellite (EOS-02) on board the the first development flight of SSLV", ISRO Chairman and Secretary in the <keyword id="245720" type="COMPANY" weightage="20" keywordseo="Department-of-Space">Department of Space</keyword>, K Sivan said last month. SSLV has been designed to meet "launch on demand" requirements in a cost-effective manner for small satellites in a dedicated and ride share mode. It is a three-stage all solid vehicle with a capability to launch up to 500 kg satellite mass into 500 km low earth orbit (LEO) and 300 kg to Sun Synchronous Orbit (SSO). By comparison, PSLV -- the workhorse of ISRO -- can take up to 1,750 kg payload into SSO of 600 km altitude. With lower per kg launch cost, the mini launcher will have multiple satellite mounting options for nano, micro and small satellites. Sivan had earlier termed the SSLV an innovative vehicle, which can be assembled in just 72 hours. "Instead of 60 days (for building a PSLV), it (SSLV) will be assembled in three days; instead of 600 people (needed to build a PSLV), it (SSLV) will be done by six people", he had said. Chairman and Managing Director of ISRO's commercial arm, NewSpace India Limited (NSIL), G Narayanan, recently said: "the world over there is a big boom for small launch vehicles and that's why we are focusing on that". The US-based satellite ride share and mission management provider, <keyword id="696288" type="COMPANY" weightage="20" keywordseo="spaceflight">Spaceflight</keyword> Inc., has already purchased the first commercial launch of the SSLV (SSLV-D2) from NSIL for launch from the <keyword id="6356967" type="COMPANY" weightage="20" keywordseo="satish-dhawan-space-centre">Satish Dhawan Space Centre</keyword> in Sriharikota. Spaceflight had said at the time that it has already sold out the entire manifest (launch) for this secured SSLV-D2 launch, with spacecraft from an undisclosed U.S.-based satellite constellation customer. This undisclosed customer is reportedly Seattle-based BlackSky Global, which will launch four earth observation satellites on board SSLV-D2 in the ride share mission arranged Spaceflight. "Were taking advantage of the growth in the small satellite market to deliver more launch options with the mini-launcher", a senior NSIL official said. "The SSLV is the much-needed solution to fill the gap in the portfolio of small launch vehicles," Curt Blake, CEO and President of Spaceflight, had said. "SSLV is designed for the launch-on-demand concept with very quick turn-around capability in between launches. SSLV is perfectly suited for launching multiple micro satellites at a time and supports multiple orbital drop-offs", Blake had said. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-9-pro-oneplus-9-and-oneplus-watch-to-launch-in-india-today-how-to-watch-live-stream-price-features-and-more/articleshow/81644503.cms">OnePlus 9 Pro, OnePlus 9 and OnePlus Watch to launch in India today – How to watch live stream, price, features and more</a> <a href="https://www.businessinsider.in/stock-market/news/how-to-check-allotment-status-of-suryoday-small-finance-bank-ipo-online/articleshow/81647204.cms">Suryoday Small Finance Bank IPO allotment live – how to check allotment, listing date and more</a> <a href="https://www.businessinsider.in/tech/apps/news/supreme-court-orders-to-pause-all-cases-against-netflix-amazon-prime-and-others-in-high-courts-across-india/articleshow/81647182.cms">Supreme Court orders to pause all cases against Netflix, Amazon Prime and others in High Courts across India</a>

Static test of first stage solid motor of India's mini rocket SSLV unsuccessful, says sources in ISRO

The <keyword id="517746" type="General" weightage="20" keywordseo="Indian-space-agency" source="Orion">Indian space agency</keyword> on Saturday at 12.07 a.m. began the 24-hour countdown for the launch of its heavy-lift rocket GSLV Mk III - renamed for this mission as LVM3 M2 - carrying 36 'OneWeb' satellites. The 43.5 metre tall and weighing 644 ton LVM3 M2 rocket is scheduled to blast off from the first second pad at India's rocket port in Sriharikota in Andhra Pradesh at 12.07 a.m. on Sunday. "The countdown is in progress smoothly. The gas charging and propellant filling operations of L110 stage are progressing," an Indian Space Research Organisation (<keyword id="6358064" type="General" weightage="20" keywordseo="isro" source="Orion">ISRO</keyword>) official told IANS. During the countdown, the rocket and satellite systems will be checked. The fuel for the rocket will also be filled. Normally the <keyword id="517231" type="General" weightage="20" keywordseo="GSLV-rocket" source="Orion">GSLV rocket</keyword> is used for launching India's geostationary communication satellites. And hence it was named as GeoSynchronous Satellite Launch Vehicle (GSLV). The GSLV MkIII refers to the third generation rocket. As the rocket that will fly on Sunday morning will be orbiting the OneWeb satellites in Low Earth Orbit (LEO), the ISRO has renamed GSLV MkIII as LVM3 (Launch Vehicle MkIII). The rocket, just over 19 minutes into its flight, will sling the 36 small broadband communication satellites of Network Access Associated Ltd (OneWeb) in LEO. OneWeb, is a joint venture between India Bharti Global and the UK government. The satellite company plans to have a constellation of about 650 satellites in low earth orbit (LEO) to offer communication services. The LVM3 M2 is a three stage rocket with the first stage fired with liquid fuel, the two strap on motors powered by solid fuel, the second by liquid fuel and the third is the cryogenic engine. The ISRO's heavy lift rocket has a carrying capacity of 10 ton to the LEO and four ton to the Geo Transfer Orbit (GTO). "The total launch mass of OneWeb satellites will be 5,796 kg," said ISRO. The 36 satellites will be on a dispenser system made by the Swiss based Beyond Gravity, formerly RUAG Space. The Beyond Gravity had earlier provided the satellite dispensers for launching 428 OneWeb satellites to Arianespace. "The dispenser with 36 satellites was supplied by the vendor. It was used in all their earlier launches," the official told IANS. For Beyond Gravity, this is the first time their dispenser is fitted in an Indian rocket. Starting in 1999, ISRO has put into orbit 345 foreign satellites till date. The successful launch of 36 OneWeb satellites will take the tally to 381. Another set of 36 satellites from OneWeb is planned to be put into orbit in January 2023. This launch brings OneWeb's constellation to 462 satellites, more than 70 per cent of the satellites required for OneWeb to reach global coverage. According to ISRO, the OneWeb Constellation operates in a LEO Polar Orbit. The satellites are arranged in 12 rings (Orbital planes) with 49 satellites in each plane. The orbital planes are inclined to be near polar (87.9 Degree) and at 1,200 km above the Earth. Each satellite completes a full trip around the earth every 109 minutes. The earth is rotating underneath satellites, so they will always be flying over new locations on the ground. The constellation will have 648 satellites. NewSpace India Ltd (NSIL), the commercial arm of ISRO, has signed two contracts with Network Access Associated Ltd (OneWeb) for launching the latter's broadband communication satellites in low earth orbit. The board of OneWeb had voted to suspend satellite launches from the Baikonur rocket port in Russia. Meanwhile, the Sunday rocket mission has several firsts for the Indian space sector. It is the first commercial launch of GSLV MkIII and for the first time an Indian rocket will be ferrying a payload of about six tonnes. Similarly, the OneWeb is using an Indian rocket to put its satellites into orbit for the first time. Also, it is the first commercial launch of GSLV MkIII contracted by NSIL, and for the first time a renamed GSLV MkIII is being used for launching satellites in LEO. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/ecommerce/online-sales-expected-to-boom-as-more-customers-shop-online-post-pandemic/articleshow/95014390.cms">Online sales expected to boom as more customers shop online post pandemic</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/diwali-is-becoming-a-global-celebration-and-cementing-indian-identity-globally/articleshow/95014696.cms">Diwali is becoming a global celebration and cementing Indian identity globally</a>

Countdown begins for ISRO's historic rocket launch

The recently announced <keyword id="9460361" type="UNKNOWN" weightage="20" keywordseo="space-sector-reforms">space sector reforms</keyword> are not aimed at privatisation of Indian Space Research Organisation (<keyword id="6358064" type="UNKNOWN" weightage="20" keywordseo="isro">ISRO</keyword>), its Chairman and Secretary in the Department of Space, K Sivan asserted on Thursday. The space agency also stated that the draft on the proposed space activity bill is almost final and it will soon be placed before the Union Cabinet for approval. "When space sector reforms were announced by the government there were many misconceptions like it would lead to privatisation of ISRO. It is not. Again and again I'm repeating it is not the privatisation of ISRO," Sivan said. Addressing a webinar on "Unlocking of India's Potential <keyword id="7412163" type="UNKNOWN" weightage="20" keywordseo="in-space">in Space</keyword> Sector," he said the whole aim of reforms is enabling the private players to carry out the space activities which is otherwise being done by ISRO. "In fact, the activities of ISRO are going to increase and ISRO will be able to better utilise its resources in taking up developmental as well as capacity building activities of the government, rather than the routine production activity," he added. The Union Cabinet on June 24 approved participation of the private sector in the entire range of space activities, including planetary exploration missions. It had said, the newly-created Indian National Space Promotion and Authorisation Centre (IN-SPACe) will provide a level playing field for private companies to use Indian space infrastructure, by hand-holding industries in space activities through encouraging policies and a friendly regulatory environment. Also, the New Space India Limited (NSIL), a PSU under the Department of Space, will endeavour to re-orient space activities from a "supply driven" model to a "demand driven" model, thereby ensuring optimum utilisation of our space assets, it had said. Noting that the space sector reform introduced by the government is going to be a "real game changer", Sivan said private sector participation in the space sector has been increasing worldwide and it is a healthy trend, as it increases diversity. In India too space sector startups are taking developmental activities in both launch vehicles as well as in satellites, he said. However, there was no mechanism available in the country to extend technology and infrastructure support to them. Also there was no regulatory mechanism to control the private sector activities, so an institutional mechanism has been created as part of reform. The webinar was attended by Principal Scientific Advisor to government of India K Vijay Raghavan, Mahindra Group Chairman Anand Mahindra, Bharti Enterprises Chairman Sunil B Mittal among others. Further observing that with the opening of the space sector, ISRO can focus on technology development and capacity building Sivan said in addition to that it will also facilitate private sector participation in major national missions through announcement of opportunity. However, the private sector will have to do their own research and development activities, business viability studies, funding as well as finding customers for their services, he said. Pointing out that import of communication satellites is now in the embargo list under 'Aatma Nirbhar Bharat Abhiyan', the ISRO Chief said there will be a need for large number of communication satellites to be launched in the immediate future and this could be a huge opportunity for ISRO and also for the private sector. Launching a small satellite is another area where there is a huge projected demand and some startups are interacting with ISRO at an advanced stage and may launch very soon. According to ISRO officials, more than 500 industries are currently involved in activities such as production of components and more than 80 per cent of the launch vehicle and 60 per cent of the spacecraft budget is spent on industry. Scientific Secretary to ISRO, R Uma Maheshwaran said participation of the private sector in end-end space activities is definitely a strategy to expand the space economy. Noting that the private sector is much eager now, he said a lot of people are coming forward to make launch vehicles, and satellites and providing space based services. Uma Maheshwaran also said a mechanism is required regarding the indulgence of the private sector and for this, enactment of the space activity bill is a primary requisite. "It (bill) is almost in its final shape now, we have presented it to the Ministry (PMO) for inter-ministerial consultation and we feel that very soon it will be approved by the Cabinet and presented to the Parliament for making it an act. This is mandatory as India is signatory to the outer space treaty," he added. Vijay Raghavan, noting a lack of risk capital for industry to sufficiently invest in R&amp;D, said risk needs to be mitigated and for this the combination of talent and material resources, partnering with industry is needed. The opening of the space sector in India will have its impact globally, and also all sectors in India, he said adding that ".. this is an opportunity to increase volume and quality in extraordinary ways." Suggesting that space may well become the new "gold rush", Anand Mahindra said though India has an established and credible space programme, its share of the market is miniscule and he was sure that beginning now it will change with the entry of the private sector. "... it is our opportunity to level the playing field, by leveraging our competitive advantages and we have to seize it now," he said, while admitting that industry and private sector are often "uneasy bedfellows", but we have to make these reforms work as it is the best way forward". Sunil Mittal stressed on the need for the policy on participation of private sector in space programme to be "light-touch" but said it should be very strong on security, foreign policy aspects and some of the guidelines need to be very clear so that industry participants know how to operate within the policy framework. SEE ALSO: <a href="https://www.businessinsider.in/tech/apps/news/gmail-down-users-report-being-unable-to-send-emails-and-attach-files/articleshow/77648762.cms">Gmail down — users report being unable to send emails and attach files</a> <a href="https://www.businessinsider.in/science/space/news/kepler-supernova-exploded-400-years-ago-but-hasnt-slowed-down-and-two-pieces-of-debris-are-headed-towards-earth/articleshow/77646381.cms">Kepler supernova exploded 400 years ago but hasn’t slowed down — and two pieces of debris are headed towards Earth</a> <a href="https://www.businessinsider.in/india/news/supreme-court-rejects-prashant-bhushans-plea-to-delay-sentence-hearing-on-twitter-case/articleshow/77649463.cms">Prashant Bhushan rejects Supreme Court's offer to delay sentence but is given two to three days to reconsider statement</a>

You Searched For "nsil customer" and got 7 results

Tata Play rents the entire capacity of the newly launched GSAT-24 satellite

PTI

PM congratulates ISRO on successful launch of broadband satellites

PTI

ISRO's commercial arm bags orders to launch four foreign satellites as it looks to invest ₹10,000 crore over the next five years

IANS

ISRO’s new company just made its first sale to an American firm to come aboard a rocket that doesn’t exist yet

Prabhjote Gill

Static test of first stage solid motor of India's mini rocket SSLV unsuccessful, says sources in ISRO

PTI

Countdown begins for ISRO's historic rocket launch

IANS

ISRO Chairman K Sivan asserts that space sector reforms are not aimed at privatising the agency

PTI

Popular Keywords

Buying Guides