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Indian Space Association

Why in News?

  • Prime Minister Narendra Modi ji has launch of Indian space association (ISpA) on 11 October, which will be a space and satellite companies' industry association.

 

Structure of Indian space association:

  • Lt Gen. A.K. Bhatt (Retd.) has been appointed as the Director-General of the association while L&T-NxT’s Jayant Patil has become the chairman.

 

  • Bharti Airtel's Chief Regulatory Officer Rahul Vatts will be the Vice-Chairman of ISpA.


  • Its founding members include Larson and  Toubro, Nelco , OneWeb, Bharti Airtel, Mapmyindia, Walchandnagar Industries and Ananth Technology Limited.


  • Other core members include Godrej, Hughes India, Azista-BST Aerospace Private Limited, BEL, Centum Electronics and  Maxar India.

 

About Indian space association:

  • Indian Space Association is the Premier Industry Association of Space and Satellite companies, which aspires to be the collective voice of the Indian Space industry.


  • It will undertake policy advocacy and engage with all stakeholders in the Indian Space domain, including the Government and its agencies.


  • Govt of India vision of Aatmanirbhar Bharat, ISpA will help in making India self-reliant, technologically advanced and a leading player in the space arena.


  • ISpA is represented by leading home grown and global corporations with advanced capabilities in space and satellite technologies.

 

Significance:

  • Government’s policies will help ensure innovation in the private space sector, ISRO’s facilities will also be opened up to the private sector.


  • ISpA is a private industry body to help boost space technology in India.


  • ISpA will participate and work with ISRO and others on the issue of policy around space technology and domain.


  • It will focus on capacity building and space economic hubs and incubators in India.


Source: PIB 



Keywords
Structure Reform, Indian Space Association, ISRO Space institute.