Bengaluru, Sept 7:
The Indian Space Research Organisation (ISRO) has rejected reports suggesting that the space agency could be privatised, terming the claims “completely baseless and incorrect.”
ISRO said it would remain India’s principal institution for advanced space research, technology development, national and strategic missions, space science and exploration, and critical space capabilities.
Clarifying the role of private players, ISRO said space-sector reforms introduced since 2020 and institutionalised through the Indian Space Policy 2023 were aimed at expanding the country’s space ecosystem, rather than reducing ISRO’s importance.
The organisation said private industry, startups and academia would complement its capabilities by participating across the space value chain. This, it said, would allow ISRO to focus more strongly on next-generation space programmes while industry develops and scales mature technologies.