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The Indian Space Area Thiruvananthapuram has targeted to get 8 to 10 percent stake in the global commercial space market in the next 10 years, and for this, a lot of work needs to be done, the Chairman of ISRO, Dr. V. Narayanan said here on Friday.
In a special interview with PTI video, Narayanan said that India needs to improve infrastructure, industry -led development and manufacturing capabilities.
Currently, India accounts for less than 2 percent in the global commercial space market.
“In the initial stage of our activities, we were not focusing on commercial aspects. But today, we are in the commercial field,” Narayanan said.
He said that India’s OneWeb India Mission helped improve the country’s commercial credibility – a indigenously developed project due to geopolitical reasons after Ukraine War.
“Using a rocket, we had to keep 36 satellites in orbit. It is not an easy task to get a few centimeters in orbital placement. We completed it through a unique plan, performed a commercially successful mission. It surprises the entire international community,” he said.
He said that India has so far launched 14 commercial launch.
“A country that had no satellite technology, launching vehicle technology, or application-oriented capacity 50 years ago has now launched 433 satellites for 32 countries. Therefore, we are in the game,” he said.
Narayanan said that ISRO will soon launch a 6,500 kg commercial satellite from the United States using its mark III rocket, coordinating the last of three missions with NASA.
India successfully launched NASA-Isro Synthetic Aperture radar satellite-the most expensive satellite up to now-30 July using Mark II F16 rocket.
The chairman of ISRO said that since the Prime Minister has rolled out the reforms of the space sector to encourage public-private participation, capacity building has increased.
Narayanan said, “Ten years ago, we were working in the space field. Today, we have more than 300 startups in this field.”
He said that the demand for space-based services is increasing in areas.
“For example, earlier, if someone contacted the bank for agricultural loans, the authorities are being physically cultivated by land and crops. Now, they can assess data in real time. Similarly, in the event of drought, real -time assessment can be done from indoors, instead of physical surveys.
He said, “A lot of real-time data is being processed, and data with five-centimetra resolution is available for free. People can process this data and use it for many purposes,” he said.
He said that other countries are now contacting India for their space needs, recognizing the technological progress of the country.
“Don’t think this 10,300 crores. NASA came to India for launch. This reflects our technical capacity, progress and accuracy with which our people work. This is what is motivating other countries to come to us, ”he said.
Asked if the business restrictions and tariff policies running under the Trump administration could affect space cooperation between India and the US, Narayanan said the subject is beyond his “domain of expertise”.
He said, “These two things -Rajti and Science -I am for being a technocrat, and this question is beyond my domain,” he said.
However, ISRO chief said, “Technically, we are in an advanced position. So whatever contract we have signed, we are going to execute. All this I can comment.”
Welcoming the public-private partnership model in the Indian space sector, Narayanan said that ISRO alone could not meet the growing demand of the market, and the private sector has an important role.
“When I joined ISRO, there used to be one launch every three years. This year, we plan to launch one every month. Now, you can ask why we need so many launch. So far, we have developed 132 satellites, 55 of which are currently in class, serving the people of this country.
“These services ensure national security and safety. Do you know how many satellites are required for him?
He estimated that in another three years, ISRO may require three times the current number of satellites in the classroom to meet the demand.
“ISRO cannot do this alone. It is a government organization. In the last 10 years, our manpower has increased less than five percent. That is why the private sector needs to step into a big way,” he said.
He said that on the basis of current demand, India should launch three rockets per month to meet the needs of the country.
This article was generated from an automated news agency feed without amending the text.
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