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New public-private partnership

Collaboration in space research will increase opportunities

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Business Standard Editorial Comment Mumbai
The creation of the Indian Space Association (ISpA), an industry forum which includes private companies as well as government agency Indian Space Research Organisation (Isro), will guide the government in following through on its assurances to open up aerospace and related areas. At the ISpA’s inauguration, Prime Minister Narendra Modi said draft legislation on remote sensing and space communication was already in preparation. The devil, however, is always in the details when a tightly-controlled monopoly is liberalised. But this is a positive signal. There are huge opportunities in space-related areas. A focus on exploiting these could lead to a rapid