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ISRO Chief Assures Employees Agency Will Remain Government-Run

ISRO Chief Assures Employees Agency Will Remain Government-Run
Will address issues of employees, says ISRO chief Narayanan on privatisation concerns · theprint.in

Some ISRO employees were worried that private companies might take over parts of the agency’s work.

ISRO Chairman V Narayanan said ISRO is still owned and run by the Indian government.

He said working with private companies and startups is meant to grow India’s space industry, not privatise ISRO.

Nine employee associations had asked for an official explanation.

Narayanan said their concerns were genuine and would be addressed.

He said about 450 Indian industries already work with ISRO.

He also said much of the money spent on launches goes to Indian industries.

India currently has 56 space assets serving people.

Narayanan said the country may need about 50 launches each year in the future.

Key facts

ISRO status
Narayanan said ISRO remains a government organisation and has not been privatised.
Employee representation
Nine ISRO employee associations sought official clarification on September 4.
Current space assets
India has 56 space assets in the sky, according to Narayanan.
Annual launch requirement
Narayanan said India needs around 50 launch vehicles per year.
Industrial participation
Around 80% of the budget for each PSLV or GSLV launch is invested in Indian industries.
Industry network
About 450 industries work with ISRO.
Space economy target
Pawan Goenka said India’s space economy is about USD 8 billion and is targeted to reach USD 44 billion by 2033.

Quotes

Pawan Goenka

Chairman of the Indian National Space Promotion and Authorisation Centre

“We are working -- it's a government investment, and we are working there. But the only thing is, we now (have) so many activities. The space ecosystem in the country has to grow and the space economy has to grow.”
deccanchronicle.com
“It has to be industry and ISRO together. ISRO will be supporting in a very big way, as it has been doing in the last several years, and it will continue to support”
theprint.in

Sources

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