Latest news with #IndianSpacePolicy
United News of India
8 hours ago
- Business
- United News of India
No favouritism and taxpayer risk in SSLV transfer
Bengaluru, June 20 (UNI) IN-SPACe Chairman Dr Pawan Goenka has strongly refuted allegations of bias, lack of transparency, and misuse of public funds in the transfer of Small Satellite Launch Vehicle (SSLV) technology to Hindustan Aeronautics Limited (HAL), asserting that the decision was made through a transparent, merit-based process, fully aligned with India's new space policy. Addressing an UNI query, Dr Goenka stated, 'It has been absolutely clear from day one that the selection process was open, transparent, and fair. HAL emerged as the technically qualified highest bidder. There was no favouritism or manoeuvring to award this to a PSU.' He clarified that both private and public sector entities competed on an equal footing. 'Whether it is HAL or a private company, IN-SPACe does not discriminate. The highest, most qualified bidder gets it—period,' he emphasised. Responding to suggestions that HAL was chosen due to its PSU status, Dr Goenka pointed out HAL's extensive experience in building subsystems for launch vehicles. 'This technology is going into good hands. HAL has worked closely with ISRO before and understands the intricacies of rocket manufacturing,' he said. On concerns about the financial liability in case of mission failure, Dr Goenka was unequivocal: 'There is absolutely no risk to taxpayers. HAL has paid the Government of India to acquire the SSLV technology. If a rocket fails, the loss is HAL's, not the government's.' This, he added, marks a major turning point in India's space sector, where commercial entities now take full financial and operational ownership. 'It could have been a private company too. The key is: the responsibility now lies with the one who owns the licence.' Dismissing suggestions that ISRO is being sidelined, the IN-SPACe chief said the move is in strict adherence to the Indian Space Policy approved by the Union Cabinet, which delineates ISRO's focus on R&D and strategic launches, while leaving commercial operations to industry via IN-SPACe and NSIL. 'ISRO is not being cut out. It is simply focusing on its core mandate. We're implementing what the policy clearly outlines,' he said, citing the structured roles of other agencies such as NSIL, Antrix, and IN-SPACe. SSLV, a lightweight, low-cost rocket intended to serve the global small satellite launch market, is expected to play a key role in expanding India's commercial space footprint. 'This is a historic moment — for the first time, a complete launch vehicle programme has moved out of ISRO's hands and into industry. It shows our commitment to democratising space access,' Dr Goenka concluded. UNI BDN GNK
Time of India
11-05-2025
- Business
- Time of India
Karnataka to soon get space tech manufacturing park and Centre of Excellence
Bengaluru: India's space regulator and promoter Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the govt of Karnataka have signed MoUs "to accelerate state's rise as India's foremost commercial-space launch-pad ."IN-SPACe signed the MoUs — one for establishing a Centre of Excellence (CoE) for space technologies in Bengaluru and another for a public-private space manufacturing park that will anchor next-generation satellite and launch-vehicle production — with the department of electronics, IT-BT & S&T. "The MoUs will enable and support the state's NewSpace ecosystem towards the national vision as per the Indian Space Policy, 2023 and promote innovation in the sector," IN-SPACe said in a added that the MoUs align with its goal to give impetus to regional ambitions that club with the holistic national projections, while Karnataka chief secretary Shalini Rajneesh, said: "The MoUs mark a new chapter in Karnataka's space journey creating a seamless talent and value chain with the regulatory support required to compete globally. " tnn Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !
Hans India
08-05-2025
- Business
- Hans India
MoUs inked to build Centre of Excellence for Space Technologies, Space Manufacturing Park
Bengaluru: In a strategic development, the Indian National Space Promotion and Authorisation Centre (IN-SPACe), and the Department of Electronics, Information Technology, Biotechnology and Science and Technology, Government of Karnataka, have signed MoUs to accelerate the state's rise as India's foremost commercial-space launch-pad. The MoUs signed include one for establishing a Centre of Excellence for Space Technologies in Bengaluru and the other for setting up of a public-private space manufacturing park that will anchor next-generation satellite and launch-vehicle production. The MoUs were signed by Dr Ekroop Caur, IAS, Secretary to Government (Electronics, IT, Biotechnology and Science and Technology), Government of Karnataka; and Lochan Sehra, IAS, Joint Secretary, IN-SPACe, in the presence of Dr Shalini Rajneesh, IAS, Chief Secretary to the Government of Karnataka, and Dr Pawan Goenka, Chairman, IN-SPACe. The MoUs will establish the framework for Government of Karnataka and IN-SPACe to collaborate and partner for the setting up of the Centre of Excellence for Space Technologies and the Space Manufacturing Park. Karnataka has a mature ecosystem across the space sector value chain comprising of Government, private and MSME players, including ISRO headquarters, space related public sector undertakings such as DRDO labs and facilities, HAL, BEL, BHEL, NAL, and academic and research institutions. The MoUs will enable and support the state's NewSpace ecosystem towards the national vision as per the Indian Space Policy, 2023 and promote innovation in the sector. IN-SPACe, on the other hand, has been spearheading India's space ambitions by enabling ease of doing business with the active participation of government as well as non-governmental entities. As the global space ambitions soar high, IN-SPACe is acting as a nodal agency to shape India's growing space economy. This signing of MoUs with the Karnataka government aligns with the goal to give impetus to regional ambitions that club with the holistic national projections. The Chief Secretary to Government of Karnataka, Dr Shalini Rajneesh said, 'The MoUs with IN-SPACe mark a new chapter in Karnataka's space journey creating a seamless talent and value chain with the regulatory support required to compete globally.' Dr. Pawan Goenka, Chairman, IN-SPACe said, 'State of Karnataka has emerged as a hub for new age space start-ups and enterprises. The MoUs will bolster this ecosystem and support the state and country's efforts in succeeding in the NewSpace era. We look forward to working shoulder-to-shoulder with the state to see more satellites, engines and deep-space technologies developed and manufactured in the state.' As the global space sector moves from agency-driven programmes to agile public-private partnerships, today's signing cements Karnataka's role as India's launch-pad for breakthrough NewSpace technologies propelled by government vision, private ingenuity and an unrivalled talent pool. IN-SPACe, being the regulator of space in India, is driving core R&D and innovation to propel India's growth. This MoU is another in line of IN-SPACe's long-term vision to make India a space-forward economy, with the active participation of the states.
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Business Standard
07-05-2025
- Business
- Business Standard
Karnataka, In-SPACe sign MoUs to boost NewSpace with R&D manufacturing
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Karnataka government on Wednesday announced the signing of MoUs to accelerate the state's emergence as India's leading commercial space launchpad. Signed by the Department of Electronics, Information Technology, Biotechnology, and Science & Technology on behalf of the state government, the MoUs include the establishment of a Centre of Excellence for Space Technologies in Bengaluru and the development of a public-private Space Manufacturing Park to anchor next-generation satellite and launch vehicle production. The agreements set the framework for collaboration between the Karnataka government and IN-SPACe in establishing the Centre of Excellence and the manufacturing park, according to a release. Karnataka already boasts a mature ecosystem across the space sector value chaincomprising government agencies, private players, MSMEs, ISRO headquarters, DRDO labs, and public-sector undertakings such as HAL, BEL, BHEL, and NAL, along with leading academic and research institutions. The MoUs aim to support the state's NewSpace ecosystem in alignment with the national vision outlined in the Indian Space Policy, 2023, and foster innovation in the sector. IN-SPACe has been driving India's space ambitions by enabling ease of business and encouraging participation from both government and non-government entities. As global space activity surges, IN-SPACe is playing a key role in shaping India's space economy. The MoUs signed with Karnataka reflect a strategic move to align regional aspirations with national goals, the release noted. The agreements were signed by Dr Ekroop Caur, IAS, Secretary to the Government (Electronics, IT, Biotechnology, and Science & Technology), Government of Karnataka; and Lochan Sehra, IAS, Joint Secretary, IN-SPACe, in the presence of Dr Shalini Rajneesh, IAS, Chief Secretary to the Government of Karnataka, and Dr Pawan Goenka, Chairman, IN-SPACe. "The MoUs with IN-SPACe mark a new chapter in Karnataka's space journey, creating a seamless talent and value chain with the regulatory support needed to compete globally," said Shalini Rajneesh. As the global space sector shifts from agency-led missions to agile public-private partnerships, the signing reinforces Karnataka's role as India's launchpad for breakthrough NewSpace technologies, driven by visionary governance, private enterprise, and a deep talent pool, the release added. As India's space regulator, IN-SPACe is focused on R&D and innovation to drive national growth. These MoUs align with its long-term vision to transform India into a space-forward economy with active state participation. Dr Pawan Goenka said, "Karnataka has emerged as a hub for next-gen space start-ups and enterprises. These MoUs will further strengthen the ecosystem and support both state and national ambitions in the NewSpace era." He added, "We look forward to working closely with the state to see more satellites, propulsion systems, and deep-space technologies developed and manufactured in Karnataka.
The Hindu
07-05-2025
- Business
- The Hindu
IN-SPACe and State government sign MoUs to build Centre of Excellence for Space Technologies and Space Manufacturing Park
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Karnataka government have signed MoUs, including one for establishing a Centre of Excellence for Space Technologies in Bengaluru and and another for setting up a public-private space manufacturing park that will anchor next-generation satellite and launch-vehicle production. The MoUs were signed between the IN-SPACe and the Department of Electronics, Information Technology, Biotechnology and Science & Technology. According to IN-SPACe, the MoUs will establish the framework for the Karnataka government and IN-SPACe to collaborate and partner for the setting up of the Centre of Excellence for Space Technologies and the Space Manufacturing Park. The MoUs will enable and support the State's NewSpace ecosystem towards the national vision as per the Indian Space Policy, 2023, and promote innovation in the sector. IN-SPACe said that it has been spearheading India's space ambitions by enabling ease of doing business with the active participation of government as well as non-governmental entities. 'As the global space ambitions soar high, IN-SPACe is acting as a nodal agency to shape India's growing space economy. This signing of MoUs with the Karnataka government aligns with the goal to give impetus to regional ambitions that club with the holistic national projections,' it said. Shalini Rajneesh, Chief Secretary to Government of Karnataka, said: 'The MoUs with IN-SPACe mark a new chapter in Karnataka's space journey creating a seamless talent and value chain with the regulatory support required to compete globally.' Pawan Goenka, chairman, IN-SPACe said: 'State of Karnataka has emerged as a hub for new age space start-ups and enterprises. The MoUs will bolster this ecosystem and support the state and country's efforts in succeeding in the NewSpace era. We look forward to working shoulder-to-shoulder with the State to see more satellites, engines and deep-space technologies developed and manufactured in the State.' IN-SPACe further said that as the global space sector moves from agency-driven programmes to agile public-private partnerships, today's signing cements Karnataka's role as India's launch pad for breakthrough NewSpace technologies propelled by government vision, private ingenuity and an unrivalled talent pool.
