The department of space, ISRO ( Indian Space Research Organisation) has recently released a draft of its new space transportation policy that creates pathways for the private entities for setting up launch sites for their missions and for carrying out re-entry and recovery operations.
The private companies will be given access to space sector, scientific and technological resources and even data for their space programmes.
This will give a chance to the private players to improve their expertise and will give them a level playing field in satellites, launches and space-based services.
At present, the Satish Dhawan Space Centre at Sriharikota is India’s only spaceport operated by ISRO. Another spaceport is under development at Tamil Nadu’s Toothukudi.
The policy also states that any Indian company who is wishing to set up launch sites outside the country or carrying out launches from outside the country will need authorisation from IN-SPACe (Indian national Space Promotion and Authorisation Center), an independent body under the department of space, recently created to oversee the opening up of the space sector.
This reform will further allow Indian firms to get an exposure in the global launch space market.
The global space industry has grown to a 350 million dollars market with many private players entering the sector. Reports suggests that more than 2500 small satellites will be launched in the space by 2022.