IN-SPACe, the new entity of the Department of Space, will have its own chairperson and board, and regulate and promote building of routine satellites, rockets and commercial launch services through Indian industry and startups.
These activities were largely the domain of the 50-year-old Indian Space Research Organisation (ISRO) until now but the change will not upset the core research activity of ISRO, Secretary, Department of Space and ISRO Chairman K.Sivan, said in a televised briefing on Thursday.
IN-SPACe, or Indian Space Promotion and Authorisation Centre, is touted as the body that will ensure a level playing field for Indian industry in a fast-growing global space sector. It will function autonomously and parallel to ISRO “without taking away anything from it,” Dr. Sivan said.
The entity was approved by the Union Cabinet on Wednesday and was unveiled by Minister of State for Space Jitendra Singh in Delhi.