Space Startups and Leaders Make Multiple Requests to PM Modi

- Advertisement -

The Prime Minister of India was speaking to entrepreneurs and industry leaders at the launch of Indian Space Association (ISpA) today

The Prime Minister of India, Narendra Modi, graced the virtual launch of Indian Space Association (ISpA) today. ISpA aims to contribute to the Government of India’s vision of making India Atmanirbhar and a global leader in the space arena, which is fast emerging as the next growth frontier for mankind. The association will engage with stakeholders across the ecosystem for the formulation of an enabling policy framework that fulfils the Government’s vision. ISpA will also work towards building global linkages for the Indian space industry to bring in critical technology and investments into the country to create more high skill jobs.

“India has the potential to become a technology leader and frugal service provider to the global space industry. Led by ISRO, the nation has built a formidable homegrown foundation for the next phase of growth and even launched the lowest cost mission to Moon and Mars. Globally, private enterprises are increasingly contributing to unlocking the possibilities of space. ISpA aims to be a forum of the space industry in the Indian private sector and partner the Government of India and other key stakeholders across space industry segments in making the nation self-reliant in the area as well as to become a global service provider. We thank the Hon’ble Prime Minister for his blessings to this initiative,” noted Jayant Patil, Whole time Director – Defence & Smart Technologies, L&T-NxT, and the first Chairman of ISpA.

- Advertisement -

Around 10 leaders from the private industry, both from startups as well as established organizations, interacted with the Prime Minister and made the following requests.

Sunil Mittal representing Bharti Enterprises and OneWeb

Bharti Enterprises’ OneWeb is in advanced talks of signing a satellite launch deal with ISRO. Mittal pointing out that different nations are investing billions of dollars in the space vertical noted that the action taken by the present government will help build better capacities.

Mittal requested the Prime Minister of India to help the industry in speeding up the approval processes associated with the INSPACE industry. However, he also mentioned that the establishment of In is a major step towards the same in itself. He also urged the Prime Minister to keep reviewing the status of the industry every now and then. Mittal noted that he, and the other people in the industry, will be more than happy to share reports on a timely basis.

“We will try our best to keep India the number one nation in the race to space,” noted Mittal. It is worth noting here that OneWeb is launching satellites in space which will ultimately help in establishing broadband internet services in areas like deserts, oceans and even mountains like the Himalayas.

PJ Nath from Nelco (Tata Group)

Nelco, one of the largest satellite communication service providers in India, also shared a few requests with the Prime Minister. PJ Nath, Nelco Tata, is of view that the industry and grow, and become the global champion.

“There has been news of the new space com policy launching in India during the last one year. We are sure that a lot of thought and work has been done around the policy but if you can help in launching the policy it will help the industry not only in expanding the horizon but the same will also help in future helping,” Nath requested the Prime Minister.

Owned and operates by the Tata Group, Nelco also requested the Prime Minister to let satellite communication providers to use any frequency that is available. The company shared that some of the policies around the issue and usage of the frequencies is as old as 20 years, and thus need to be reviewed to enable a better platform for satcom service providers. Nelco also requested the Prime Minister to enable companies to buy technologies from outside India, and sell services to parties outside India as well.

Chirag Doshi of Walchand Industries

Walchandnagar Industries  which has been supplying ISRo with critical components and systems for launches since the 1973, also had a few requests to make to the Prime Minister.

“Now that we have formed ISpA, my request would be that we may be able to work jointly with the Ministry of Finance, the Department For Space and PMO, to possibly create an opportunity for small and medium firms to get access to cost effective capital and potential subsidies for expansion, something similar to what has been given to the manufacturing companies under the PLI schemes,” noted Chirag Doshi of Walchand Industries.

He added, “We need to have a much deeper collaboration between the industry and the leading academic institutions not just from a skilling perspective but also from a research and development perspective.”

The company has participated in the manufacturing of all the space launch vehicles since 1963.

Entrepreneurs requests to the Prime Minister

Pixxel, a startup founded by Awais Ahmed, aims to launch hyperspectral small satellites that will be able to provide 50 times more data than what is available today. The startup has already developed and manufactured its first satellite, and the same was meant to be launched in space from Russia. The company now has shifted the launch from Russia to India after the recent announcement of INSPACE.

Awais Ahmed requested the Prime Minister to help speed up the regulatory approvals from months to weeks. He also promised the Prime Minister that his startup will try its best to fulfill the vision of aatmanirbhar bharat. The startup has a plan to launch 30 satellites during the next two years.

“Pixxel and other startups are made in India for the world. We will try our best to make India the champion country,” shared Awais.

Neha Satak from Astrome Technologies requested the Prime Minister to help enable an ecosystem for startups where the same can test their products and solutions with nominal or no fee at all. This, as per Neha, will help India create more intellectual property around space technologies. She also requested the Prime Minister to encourage government agencies to become anchor customers of startups working around the space technology.

Srinath Ravichandran of startup Agnikul Cosmos urged the Prime Minister to help startups like Agnikul draw clarity on the FDI policy of the country around different areas of the space industry. He also requested the Prime Minister to help conduct a awareness program where all Indians can learn about the possibilities space technology has to offer. Agnikul is the creator of Agnibaan space rocket which is capable of taking upto 100 kg to orbits around 700 km high.

The Prime Minister said that the government encourages industry, young innovators and startups at every level. He elaborated that to develop a strong startup ecosystem, a platform approach is very important. He defined the platform system as “an approach where the government creates open-access public controlled platforms and makes that available to the industry and enterprises. Entrepreneurs prepare new solutions on this basic platform”. The Prime Minister illustrated this with the example of the platform of UPI which became the basis of a strong fintech network. He said similar platforms are being encouraged in space, geospatial fields and for use of drones in various areas.

“Today is the day the Indian space sector receives new wings. For 75 years since independence, Indian space has been dominated by a single umbrella of Indian government and government institutions. Scientists of India have made huge achievements in these decades, but the need of the hour is that there should be no restrictions on Indian talent, whether it is in the public sector or in the private sector. In a way, the country has given a new gift to the talent of India’s entrepreneurs by opening up India’s space sector in its 75th year of independence. Let this collective power of India’s population take the space sector forward in an organized manner. The Indian Space Association (ISpA) will play a huge role in this.”

ISpA is represented by leading home grown and global corporations with advanced capabilities in the space and satellite technologies. Its founding members include Bharti Airtel, Larson & Toubro, Nelco (Tata Group), OneWeb, Mapmyindia, Walchandnagar Industries and Alpha Design Technologies. Other core members include Godrej, Hughes India, Ananth Technology Limited, Azista-BST Aerospace Private Limited, BEL, Centum Electronics, Maxar India.

- Advertisement -

Most Popular Articles

Mukul Yudhveer Singh
Mukul Yudhveer Singh
Mukul Yudhveer Singh is an Editor at EFY. He’s an experienced business journalist who is both an enthusiast and a cynic of technology. Believes in data, as well as hunch-based journalism. He defines journalism as- reporting facts which help the audience take their own decisions, not ones that influence them!

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Union Budget 2024-25: What Can The Electronics Sector Expect?

0
Focusing on localisation in the electronics ecosystem, the first Union Budget post-elections has revamped customs duties on raw materials and equipment, extending support for...

“ST SiC Optimises The Performance Of EV Applications”

0
STMicroelectronics plans to introduce Silicon Carbide (SiC) and Gallium Nitride (GaN) for the electric vehicle ecosystem in India. In an interview with Francesco Muggeri...

Electric Construction Machines Forecast $126 Billion Market Growth

0
IDTechEx's report on electric construction machines aims to boost industry growth, forecasting a US$126 billion market by 2044 with ongoing advancements in technologies and...

Buzz

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Budget 2024-25: Mission To Enhance EV Battery Production

0
Lithium, copper, cobalt, and nickel, essential minerals for e-mobility and renewable energy, are not subject to customs duty. Finance Minister Nirmala Sitharaman announced the establishment...

Tata Elxsi Partners With Wind River For Software-Defined Vehicles

0
This partnership between Tata Elxsi and Wind River boosts productivity and efficiency in software workflows by utilizing scalable cloud resources to advance software-defined vehicle...

Important Sectors

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Budget 2024-25: Mission To Enhance EV Battery Production

0
Lithium, copper, cobalt, and nickel, essential minerals for e-mobility and renewable energy, are not subject to customs duty. Finance Minister Nirmala Sitharaman announced the establishment...

Tata Elxsi Partners With Wind River For Software-Defined Vehicles

0
This partnership between Tata Elxsi and Wind River boosts productivity and efficiency in software workflows by utilizing scalable cloud resources to advance software-defined vehicle...

Budget Leaves EV Sector Hanging, FAME III Pending

0
A source familiar with the matter mentioned that the third edition of the FAME scheme is currently being developed, though it has yet to...

Bosch To Acquire Johnson Controls, Hitachi’s HVAC Unit For $8B

0
The deal encompasses 16 manufacturing facilities and 12 engineering sites across over 30 countries. Bosch intends to acquire the global HVAC solutions business for residential...

Manufacturing

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Budget 2024-25: Mission To Enhance EV Battery Production

0
Lithium, copper, cobalt, and nickel, essential minerals for e-mobility and renewable energy, are not subject to customs duty. Finance Minister Nirmala Sitharaman announced the establishment...

Union Budget 2024-25: What Can The Electronics Sector Expect?

0
Focusing on localisation in the electronics ecosystem, the first Union Budget post-elections has revamped customs duties on raw materials and equipment, extending support for...

India’s Roadmap To Becoming A Global Leader In Electronic Manufacturing: Policies, Progress, And Prospects

0
India's electronic manufacturing sector is poised for significant growth in the coming years, driven by ambitious government initiatives and strategic economic policies. Currently employing...
Mother-board-electronic-components

MeitY Announces $350 Billion PLI Plan To Boost Electronics Sub-Assemblies

0
MeitY announces allocation of $350 billion for a new PLI scheme, aiming to make India a global hub for electronics components and boost exports...