liii. Space 2.0: Recent Space Sector Reforms In India
- Conventionally the satellite industry comprised of spacecraft manufacturing, launch vehicles, satellite operation etc. With the rise of satellite-based internet, geospatial intelligence, satellite-based M2M technology, satellite-based backhaul for 5G etc., space sector is undergoing a paradigmatic shift.
- India leapfrogged into Space 2.0 activities taking a number of steps to engage private sector more actively.
- Space 1.0 included handholding of private sector where it was passively involved in activities like spare parts manufacturing other auxiliary services.
- Space 2.0 activities involves private sector actively in which it will design, develop and market space-based products including but not restricted to satellite payloads, launch vehicles, even building space ports.
- The 4 pillars of space sector reforms are
- the freedom of innovation to the private sector
- the role of the government as an enabler
- to prepare the youth for the future
- to see the space sector as a resource for the progress of the common man