Indian Space Research Organisation (ISRO) will offer encouragement, knowledge and market information to startups to ensure the growth and development of the space industry, said S. Somanath, Chairman, ISRO and Secretary, Department of Space here on Friday.
“The industry has been having a strong association with the Indian Space Programme all along. ISRO will offer support to startups in terms of encouragement, knowledge, ability to identify the market outside and provision of a conducive environment to ensure the growth of the space sector,’‘ he said while speaking at the opening session of a national conference on ‘Development of Space Start-up Ecosystem in India.’
Some 85% of ISRO’s finances were for the industries that built components for its rockets and satellites. The space agency received the bulk of its work from the private sector, he added.
