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ISRO chief says 56 satellites, 50 launches needed
The Indian Express··8 Sept
ISRO chairman V Narayanan said Monday the space agency is not being privatised and remains a government organisation. He said ISRO has 56 satellites in space while the requirement is 50 launches every year. Narayanan said almost 80% of the budget is invested in industry, with 450 industries working for the agency. Mature systems may increasingly be scaled through industry.
Prism
What It Means For You
- Private firms may take on more production of mature launch vehicles and routine satellites.
- ISRO said it will strengthen work on human spaceflight and deep space missions.
- Industry partners currently support PSLV and GSLV launches alongside the agency.
What's Happening
- Narayanan spoke on the sidelines of the Bengaluru Space Expo on Monday.
- ISRO issued a detailed statement on Sunday clarifying its role after privatisation concerns.
- The chairman said the space ecosystem and space economy both need to grow.
ISRO's Industry Split
- Production of mature launch vehicles and routine satellites may shift to industry or PSUs.
- ISRO will keep frontier research, human spaceflight and strategic national capabilities.
- Narayanan said government investment continues to fund the organisation's core work.
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