Build systems for space sector growth with private presence: Anand Mahindra

Says global space sector is expected to touch $3.3 trn by 2045, India's share is currently miniscule

Industrialists Anand Mahindra, chairman of Mahindra Group and Sunil Mittal, chairman, Bharti Enterprises, have urged the Government to build structures and systems that were not existing earlier, along with light-touch policies to enable the space sector to grow with private sector participation.

Meanwhile, Indian Space Research Organisation (Isro) officials have said that the space activities bill, a new navigation policy, and satellite and remote sensing policies are in the final stages and that the agency would guide private players on how to plan and strategise.

Speaking at a webinar on 'Unlocking India’s Potential in Space Sector’ on Thursday, Mahindra said