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The upcoming policy will look at how to enable non-government entities to work in the space sector,\" S Somanath, secretary, Department of Space<\/a> (DoS) and Chairman of the Indian Space Research Organisation (Isro<\/a>) told ETSatcom, adding that the responsibility of the department is to empower new actors.
\"We have also defined that commercial activities of space will be handled by the NSIL, and Isro will focus more on research and development (R&D) and developing the capacity,\" the top official said.
Somanath further said that necessary support to the burgeoning sector would be provided through the Indian National Space Promotion and Authorisation Centre (Inspace<\/a>), a single-window autonomous government agency.
On the policy launch timeline, Somanath said that the department has prepared the policy, and it's with the government to come up with it following the due processes.
In order to woo private sector companies and foreign direct investments (FDI), the new policy would allow manufacturing of satellite launch vehicles in line with the ambitious Atmanirbhar Bharat<\/a> (self-reliant India) initiative with a focus on marketing and collaborations worldwide.
Early this year, the Centre released the draft Indian Space Policy 2022, a revised version of one unveiled in 2017.
With the space department entrusted with sweeping powers, the involvement of the Ministry of Home Affairs (MHA), Ministry of External Affairs (MEA) and Ministry of Commerce (MoC), however, is missing in the draft paper, analysts point out.
The new national policy, according to the official, intends to allow operations such as communications and navigation to the private sector.