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Time of India
a day ago
- Business
- Time of India
Modi calls for self-reliance in space sector
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Prime Minister Narendra Modi on Friday said India is working towards self-reliance in the space sector and preparing for the launch of Gaganyaan, an indigenously developed spacecraft for its human space flight mission."India is actively working on the Gaganyaan mission and is also planning its own space station," Modi said in his Independence Day speech from the Red Fort. "We must come together to change the destiny of our country. I appeal to the youth: step forward and contribute to this mission of national transformation."Gaganyaan will take a crew of three astronauts into a three-day orbit of the earth at an altitude of 400 km in also congratulated astronaut Shubhanshu Shukla on his mission to the International Space Station. He highlighted the impact of space sector reforms, with about 300 startups working in the space leaders welcomed the remarks, saying the momentum could help achieve the target of a $44-billion space economy by 2033. Former ISRO chairman S Somanath, who spearheaded the 2023 space reforms through the Indian Space Policy , told ET that Modi's comments underline how the sector is "not just creating jobs and economic value, but also promoting the scientific temper".
Time of India
a day ago
- Business
- Time of India
PM Modi calls for self-reliance in space sector; industry sees growth ahead
Academy Empower your mind, elevate your skills Prime Minister Narendra Modi, on the occasion of the 79th Independence Day, said India is working towards becoming self-reliant in the space sector and preparing for the launch of Gaganyaan, its indigenous human space flight mission."India is actively working on the Gaganyaan mission and is also planning its own space station. We must come together to change the destiny of our country. I appeal to the youth: step forward and contribute to this mission of national transformation," Modi said from the Red Fort on Gaganyaan mission will send a crew of three astronauts into a 400 km orbit for a three-day mission in 2027. Modi also congratulated astronaut Shubhanshu Shukla on his historic mission to the International Space Station (ISS). The PM highlighted the impact of space sector reforms , with about 300 startups working exclusively in the space domain, employing thousands of young leaders welcomed the remarks, saying the momentum could help achieve the target of a $44 billion space economy by ISRO chairman S Somanath, who spearheaded the 2023 space reforms through the Indian Space Policy, told ET that PM Modi 's comments underline how the sector is 'not just creating jobs and economic value but also promoting the scientific temper.' He said ISRO, IN-SPACe , and NewSpace India Ltd (NSIL) are working in unison with startups to expand both domestic and global India's plan to build its own Bharatiya Antariksha Station (BAS) by 2035, Somanath said the project, using indigenous technology, would promote global scientific partnerships and serve as a space laboratory for hi-tech, biotechnology, drug discovery, and materials research.'Without the credibility of an indigenous human space mission, meaningful contributions to other space stations may not be possible. The BAS will complement the entire ecosystem, with opportunities for collaboration with other nations,' he body, the Indian Space Association (ISpA), said the plan to open up India's space sector has been a true game-changer. 'Backed by progressive reforms such as the Space Policy, liberal foreign direct investment push, and strong government support, the industry has grown multifold in just five years,' added Lt. Gen. AK Bhatt (retd.), Director General, Acharya, cofounder of Suhora Technologies, which works in earth observation and geospatial analytics, said the PM's remarks will further empower the industry to innovate across the value chain from satellite manufacturing and launches to downstream services.
Hindustan Times
05-08-2025
- Science
- Hindustan Times
Chandigarh: Punjab Engineering College confers honorary degree on former ISRO chairperson
The Punjab Engineering College (PEC) conferred the prestigious degree of Doctor of Science (Honoris Causa) on S Somanath, Vikram Sarabhai Distinguished Professor and former chairman of ISRO during a special ceremony held at PEC on Monday. The event also saw the unveiling of a commemorative plaque in honour of Satish Dhawan, renowned mathematician and former chairman of ISRO, also an alumnus of PEC. S Somanath during the event at PEC, Sector 12, in Chandigarh on Monday. (Keshav Singh/HT) Somanath, reflecting on his association with Dhawan and ISRO's historic missions, highlighted the importance of academia-industry collaboration in driving innovation. He shared insights into India's upcoming human space programme and urged educational institutions to play a key role in national technological advancement. The event was attended by dignitaries, including Panjab University (PU) vice-chancellor Renu Vig and former PU V-C Arun Kumar Grover. Somanath also delivered a lecture at Panjab University under the PU Colloquium Series, titled 'Space Sector in India: Opportunities for Business and Startups.' He spoke on the Indian Space Policy, 2023, which has opened the sector to foreign investment and private enterprise. Highlighting missions like the Bharatiya Antariksh Station, reusable launch vehicles, and Mars exploration plans, he underlined India's aim for a sustained human presence in space by 2047. He also demonstrated how ISRO's technologies are transforming agriculture through tools like Krishi-DSS and satellite-based insurance systems. The former ISRO chairman also highlighted the role of satellite data in monitoring tropical cyclones and prediction, issuing forest fire alerts, and disaster management. 'Platforms such as Bhuvan, the Indian Geo-Platform of ISRO, are providing web-based geospatial services for agriculture, forestry, disaster response, and governance, benefitting states like Punjab and Haryana,' he said, adding that India's shift from a government-funded model to a stakeholder-based space ecosystem has triggered a wave of innovation, with private satellite manufacturers, small launch vehicle developers, and data service providers gaining momentum. This expanding ecosystem, he argued, is expected to generate significant socio-economic benefits, job creation, and global market also called on universities to actively participate in building a self-sustaining space research and industrial ecosystem.
News18
17-07-2025
- Business
- News18
Atmanirbhar In Space: How Modi Is Aligning India For Geostrategic Gains
Last Updated: PM Modi's vision of 'Atmanirbhar Bharat' is now profoundly shaping its trajectory in the space sector, transforming it into a critical pillar of national power & strategic autonomy The Indian Space Congress 2025 is in full session in Delhi. The meeting is lined with bureaucrats, decision-makers, policy personnel and of course, private players in the space sector looking to make a difference and boost India's space sector. And there is one theme that plays common through it all, 'Atmanirbharta'. PM Modi's vision of 'Atmanirbhar Bharat' is now profoundly shaping its trajectory in the space sector, transforming it into a critical pillar of national power and strategic autonomy. This push is evident in a series of landmark initiatives, from the successful launch of private satellite constellations to ambitious long-term space exploration goals. In January this year, PM Modi hailed Pixxel's 'Firefly', India's first private satellite constellation, as a testament to India's growing strength in space innovation and a significant stride towards self-reliance, noting its capacity for high-resolution imagery. Concurrently, ISRO's successful deployment of the indigenous EOS-08 Advanced Earth Orbiting Satellite, designed for critical remote sensing applications like ocean surface wind, soil moisture, and flood detection, underscores the nation's commitment to developing its own crucial space assets, despite initial launch challenges. These advancements serve as a testament to India's growing stature in the space sector. The government's 2020 space sector reforms and the Indian Space Policy, 2023, have been instrumental in fostering this indigenous growth by opening the sector to Non-Government Entities and increasing the FDI threshold to 100%. It has invigorated the private sector, allowing it to contribute significantly to India's space ambitions. Such an approach reduces India's reliance on foreign partners for critical space infrastructure and data, thereby enhancing its strategic autonomy in areas ranging from defence to climate monitoring. Looking ahead, the ambitious Space Vision 2047 targets, including the establishment of the Bharatiya Antariksh Station by 2035, an Indian Moon landing by 2040, and the development of a Next Generation Satellite Launch Vehicle by 2032, underscoring a long-term commitment to self-sufficiency in cutting-edge space capabilities. Bolstering Regional Initiatives: The IMEC Case The strategic implications of India's indigenous space capabilities extend directly to its role in key international infrastructure initiatives, most notably the India-Middle-East Europe Economic Corridor. Launched amid geopolitical complexities, IMEC requires a robust security and operational backbone, which space technologies can provide. Unlike China's Belt and Road Initiative and its Space Silk Road, which is solely led by Chinese assets, IMEC is a multi-partner endeavour involving nations with advanced space capabilities like India, the EU, and the US. It offers a unique opportunity for an international Space-IMEC Industrial Consortium, leveraging mature space technologies from commercial entities across all founding partners. India's advancements in space-based Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance systems are crucial for IMEC's secure operationalisation. Furthermore, the interoperability of India's NAVIC with the EU's Galileo and the US's GPS provides resilient Positioning, Navigation, and Timing support along the corridor. This is particularly vital for IMEC members such as the UAE, Saudi Arabia, and Jordan, who can rely on NAVIC's comprehensive coverage of their regions, ensuring efficient land-mode trade. The innovative application of downstream space technologies, from Earth observation for optimising routes and mitigating risks to satellite communications for seamless coordination, will enhance the security and prosperity of IMEC's supply chains. The emphasis on cybersecurity and a high-speed data pipeline, linking India's IT services to West Asia and beyond, further solidifies the strategic relevance of India's space assets in making IMEC a secure and prosperous corridor. India As Global Space Powerhouse India's growing self-reliance in space is also transforming its position in the global space market, moving from a domestic focus to a Make in India for the World approach. The global-first strategies adopted by leading Indian space start-ups are a convincing sign of things to come. Bellatrix Aerospace has established offices in the US and plans to expand into Europe, securing international partnerships and sales pipelines. Similarly, Pixxel, Dhruva Space, and Agnikul Cosmos have an entirely global sales pipeline. India's space economy is projected to grow from $8.4 billion in 2023 to $44 billion by 2033 and the country aims to capture 10% of the global space economy by 2030. International forums like the India Space Congress 2025 serve as crucial 'matchmaking hubs" for institutional investors, highlighting India's expanding commercial opportunities. Discussions on extending Earth Observation solutions to the Global South through US-India roundtables underscore India's role as a collaborative partner for shared prosperity. While the emphasis remains on indigenous development, there is a strategic pivot towards technology transfer and international cooperation, embodying the ancient Indian philosophy of Vasudhaiva Kutumbakam, ensuring that India's space prowess not only serves its national interests but also contributes to global well-being and security. view comments First Published: News opinion Opinion | Atmanirbhar In Space: How Modi Is Aligning India For Geostrategic Gains Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
The Sun
08-07-2025
- Business
- The Sun
Measat secures IN-SPACe's authorisation authorisation to provide satellite services in India
PETALING JAYA: Measat Global Bhd, Malaysia's premier space technology solutions provider, has secured authorisation from the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to offer satellite services in India through NewSpace India Ltd (NSIL). With IN-SPACe's authorisation, Measat is now able to offer space-based communications and broadcasting services in the Indian market, in line with requirements of the Indian Space Policy for foreign satellite operators. To commemorate the appointment of NSIL as Measat's local partner, a signing ceremony was held in Bengaluru with Measat represented by chief operating officer Yau Chyong Lim and NSIL by then chairman and managing director Radhakrishnan Durairaj. NSIL, a government-owned company under India's Department of Space, is a satellite owner and operator, providing services to users from government and private sectors. It also delivers other space-based products and services derived from the India Space Programme to global clients, besides fostering growth within India's space industry. Through NSIL, Measat offers satellite capacity to pay-TV operators and broadcasters in the Indian market, facilitating the distribution of over 600 TV channels and reaching over 11 million direct-to-home customers in India, as well as supports video content distribution across Asia, Australia, Africa and Southern Europe. 'Measat is honoured to receive authorisation from IN-SPACe to offer satellite services in India through NSIL. We have worked with NSIL in various capacities and are pleased to continue expanding and strengthening our collaboration with them. Their vast experience in India will be a key advantage for Measat in leveraging our capabilities and satellite fleet to support current and future client needs. Whether it is in broadcasting, bridging the rural communications gap, or other uses, we are confident that Measat's portfolio of services has broad potential for application in this region in the coming years,' said Yau. Radhakrishnan said that through the availability of Measat's capacity, Indian broadcasters will be able to access one of the strongest satellite neighbourhoods in the Asia-Pacific to offer a wide range of content to a global audience. 'As a long-time partner of Measat, we hope these international collaborations will further contribute to achieving India's national goals for the space industry besides helping local businesses in other sectors reach their growth targets,' he added.
