PM Modi is the most decisive government India has ever had.
Prime Minister Narendra Modi established the Indian Space Association (ISpA), an industry association aiming to be the voice of the country's space sector, on Monday, October 11, 2021, and emphasized his administration's commitment to reforms, stating the country has never had a more resolute government.
Mr. Modi asserted that the government's accomplishment in privatizing the government's loss-making state airline, Air India, demonstrates its devotion and seriousness.
He explained that the government's objective in the public sector is to open up areas where it isn't needed for private businesses.
The Prime Minister mentioned the opening of a number of areas to private companies, ranging from space to defense, and stated that his government has prioritized national interests as well as the requirements of many stakeholders.
He claims that India's changes are taking place on such a large scale because the country's vision is clear, which is to create an 'Aatmanirbhar Bharat.'
Mr. Modi claimed that India is one of the few countries with end-to-end space technology.
He stated that the government is assisting industry, young innovators, and start-ups as a partner and will continue to do so.
He explained that his government's approach to space reform is built on four pillars: allowing the private sector to innovate freely, the government acting as an enabler, young people being prepared for the future, and seeing the sector as a resource to aid the common man's progress.
According to the government, the ISpA would engage in policy advocacy and engage with all players in the Indian space sector, including the government and its agencies.
The ISpA will help India become self-reliant, technologically advanced, and a prominent actor in the space arena, it added, echoing Prime Minister Narendra Modi's goal of 'Aatmanirbhar Bharat.'
Leading domestic and international firms with outstanding skills in space and satellite technology are represented in the ISpA.
Larson & Toubro, Nelco (Tata Group), OneWeb, Bharti Airtel, Mapmyindia, Walchandnagar Industries, and Ananth Technology Limited are among its founding members.
Godrej, Hughes India, Azista-BST Aerospace Private Limited, BEL, Centum Electronics, and Maxar India are among the other founding members.