Centre open to public-private union to build up space industry: ISRO chief ...Middle East

Economy by : (Business Standard) -
The government has come out with a policy to encourage participation of private companies in space technology as part of reforms in the field, ISRO chief S Somanath said on Saturday. The government would consult with industries and startups to strengthen the space eco systems under the public- private partnership in infrastructre, remote-sensing and development of new technology, Somanath told reporters on the sidelines of 26th convocation of Karunya University here. With regard to investment, he said it would be 100 per cent for Indian companies and 70 per cent through FDI with the approval of the Centre. To a question on the launch of small satellite launch vehicle (SSLV), Somanath said i

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