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The programme also witnessed the exchange of MoUs between IN-SPACe and private sector companies working in the field of space-based applications and services
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India needs to increase its share in the global space industry and the private sector will play a big role in that, said Prime Minister Narendra Modi while inaugurating the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) at Bopal, Ahmedabad.
PM Modi said that a wonderful chapter has been added in the development journey of modern India in the 21st century and congratulated all the countrymen and the scientific community for the headquarters of the IN-SPACe.
He said, “IN-SPACe will give an opportunity to the youth of India to showcase their talent to the best minds of India. Whether they are working in the government or in the private sector, IN-SPACe will create great opportunities for all."
The Prime Minister further elaborated that IN-SPACe has the potential to revolutionise India's space industry. So this is what I would say - 'Watch this space'. IN-SPACe is for space, IN-SPACe is for pace, and IN-SPACe is for ace.
The Prime Minister said that for a very long time, the private sector in the space industry has been viewed merely as a vendor, a system that always blocked the ways of progress for the private sector in the industry.
Modi said only big ideas make winners. By reforming the space sector, freeing it from all restrictions, by supporting the private industry through IN-SPACe, the country is starting a campaign to make winners today.
The private sector will not just remain a vendor but will play the role of a big winner in the space sector. When the strength of government space institutions and the passion of India’s private sector will meet, not even the sky will be the limit, the Prime Minister added.