Dr. K Sivan, ISRO Chairman and Secretary of the Department of Space, announced that India is privatizing its space industry.
A key reform is the creation of an autonomous Indian National Space Promotion and Authorisation Centre within the Department of Space that will oversee permitting and regulating private space companies. There will be board composed of government, industry and academic representatives.
ISRO will also
- provide access to agency facilities to private companies;
- modify its satellite and space navigation policies;
- commercialize such activities as launches and communications; and,
- transition from a supply driven to a demand driven model for space services.
ISRO will focus on science missions, human spaceflight and other activities.