Title : Indian Space Association

Date : Jan 31, 2022

Description :

GS III

 

Topic à Space Awareness

 

• Why in the News:

 

• The Indian Space Association (ISpA) was recently officially launched by Prime Minister Modi.
• It will be the first industrial organization for space and satellite companies.

 

• Objectives:

 

• ISpA aims to be the aerospace forum for the private sector in India and work with the Government of India and other key stakeholders in the aerospace sector to enable the nation to become self-sufficient in the region and become a global service provider.
• ISpA aims to contribute to the vision of the Indian Government to make India Atmanirbhar and a global leader in the space sector, emerging rapidly as the next frontier of human growth.

 

• Composition / members:

 

• ISpA is represented by leading domestic and international companies with advanced skills in space and satellite technology.

 

• Its founding members include Bharti Airtel, Larson & Toubro, Nelco (Tata Group), OneWeb, Mapmyindia, Walchandnagar Industries and Alpha Design Technologies.
• Other key members include Godrej, Hughes India, Ananth Technology Limited, Azista-BST Aerospace Private Limited, BEL, Centum Electronics, Maxar India.

 

• Activities:

 

• The organization will engage with stakeholders across the environment to develop a supportive policy framework that fulfills Government's vision.
• ISpA will also work to build global connections to the Indian space industry to bring critical technology and investment to the country to create high quality job opportunities.
• ISpA also plans to work closely with IN-SPACe to further the vision of the Government space.

 

• Significance:

 

• With our vast pool of talent, the growing power of start-up technology developed in homes and the private sector the country is in a position to understand what will be the biggest explosion in space.

 

• India has the potential to become a technology leader and service provider that does not end the global space industry.
• Globally, the private sector is increasingly contributing to the opening of space opportunities.

 

• Source à ISRO Website/PIB

 

Tags : ISpA), aerospace sector