ISRO on Private Sector: What will India have to do to become a superpower in the space sector? ISRO chief showed the way

nationaldesk:
ISRO Chief S Somnath on Private Sector: Indian Space Research Organization (ISRO) Chairman S.  Somnath has stressed on removing unnecessary restrictions to make India a superpower in the space sector.  He said that at present India's space industry is progressing rapidly.  The main reason for this is that it has been opened to the private sector.  Then there are some obstacles that need to be removed.  After this, no one will be able to stop India from becoming a superpower of space science.
S Somnath (ISRO Chief S Somnath) said this at a function organized on the occasion of the 60th anniversary of the launch of India's first rocket.  He said that the private sector has played a big role in the development of the space sector, which has significantly increased India's satellite manufacturing capabilities.  The ISRO chief said, 'Earlier, only ISRO used to develop and produce satellites, launch vehicles and related technologies.  ISRO has only 17,000 people and a budget of Rs 13,000 crore.
He (ISRO Chief S Somnath) said that there are now more than 130 startups in the space sector in India, some of which have 400 to 500 employees.  Their turnover is Rs 500 to 1,000 crore.  Some of them are giving better salaries than ISRO.  There is also a great demand for retired scientists from ISRO.  These companies are waiting for people to retire from ISRO.

 '5 companies are making satellites'::

 ISRO Chief S Somnath said that India is likely to emerge as a center of excellence for satellite manufacturing.  Because of this, India's space sector business is also expected to increase manifold.  He said, 'Progress in technology development and space science is fine, but business is important.  Currently, five Indian companies are capable of manufacturing satellites.  Three of them have manufactured and successfully launched their satellites from abroad.
 Somnath (ISRO Chief S Somnath) said, 'We do not want their satellites to be launched from foreign countries.  We want them to use our launch centres.  We want them to build the satellite here;  They can bring whatever technology they want, but manufacture here and launch them from here.' He clarified that the private sector does not reduce ISRO's role in space science.  ISRO will continue to do what it is doing now.  We are now talking about sending people into space.  ISRO will continue to progress.