As India is getting ready for the new space strategy, private players are pushing for regulatory reforms, such as single-window clearance as well as a decision-making time limit, movements they hope will improve their trust in the space industry.
Professionals say that the current space policy will bring more cutting-edge innovations into the field and pave the way for joint projects, benefiting projects such as Make in India and Digital India, as well as investing more in start-ups and increasing the presence of larger firms in the industry.
“Cautiously architected policy reforms will help improve private sector morale and attract more spending from the private sector. In exchange, it will have end-to-end applications both in the upstream and downstream of the supply chain of the space industry,” says Narayan Prasad, who serves as the chief operations officer at Satsearch, a space industry marketplace.
“The policy changes will lead to increased investment in start-ups, the participation in the space of larger companies such as Mahindra and Tatas, etc., and will ultimately lead to even more job creation. This will also aid in plugging the Indian space industry into an international one. ISRO already has come out with various new draft policies, which does include Satcom, remote sensing, transfer of technology, etc.,” he added.
There was no clarification on the country’s space policies to date. Taking the satellite sector, every satellite corporation needs a frequency allocation license from a government organization that regulates the International Telecommunication Union (ITU) frequency allocation. Each satellite firm needs to get a licensed frequency from a national body that coordinates the International Telecommunication Union (ITU) frequency allocation. It’s the FCC that does it for the United States. But there was no clarity until now in India on how a private satellite works.
The mechanism would become even more transparent, with IN-SPACe becoming the nodal entity for this with the creation of INSPACe and the current draft SATCOM policy. It would make the procedure much easier and smoother overall. On the other side, it only included satellite imagery with respect to the remote sensing plan, not the activities of earth imaging satellites until now. An Indian firm could essentially manufacture a satellite. Still, there was no mechanism for securing the necessary licenses to deploy and manage these satellites, said Awais Ahmed, Pixxel’s co-founder and CEO.
He adds that the strategy they had in place previously was decades behind that of other nations as corporations worldwide make it easier to purchase satellite imagery, while in India, all transactions needed to go through the National Remote Sensing Centre (NRSC). (NRSC). (NRSC). The method gets to add a time delay that may affect company activities. A rival from another nation could order from the satellite imagery suppliers’ website directly, giving them a speed advantage.https://cityofhype.com/