What Happened
Private Firms Handle Rockets As ISRO Focuses On Ambitious Missions
India’s space sector is undergoing its biggest transformation yet, with private companies taking on rocket production and management. The Indian Space Research Organisation (ISRO) is shifting its focus towards more ambitious missions and projects, following the introduction of the Indian Space Policy 2023. This policy emphasizes private sector participation, and concerns have been raised by ISRO employees regarding the agency’s future and potential loss of capabilities. According to The Economic Times, the growth of India’s private space sector has been faster than expected, with 400-odd startups cumulatively raising nearly $800 million.