IN-SPACe

ISRO Rejects Privatisation Reports, Clarifies Strategic Focus on Next-Generation Missions

ISRO Rejects Privatisation Reports, Clarifies Strategic Focus on Next-Generation Missions

Bengaluru (Gurpreet Singh)— The Indian Space Research Organisation firmly dismissed speculation regarding its potential privatization on Sunday, clarifying that the premier space agency will neither be sold off nor will its institutional significance be diminished. Responding to growing concerns, the agency explained that ongoing space sector reforms are intended to multiply national capabilities rather than downsize the public organization, enabling it to pivot resources toward frontier research and development, deep-space planetary exploration, and human spaceflight programs. According to the agency, structural shifts under the Indian Space Policy 2023 and updated foreign direct investment rules are designed to foster a globally…
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