No privatisation, but space economy has to grow: ISRO chief’s message to staff

The Chairman of India's space agency, ISRO, V Narayanan, has reassured employees that the organization is not being privatized and that it is working with the private sector to expand the country's space economy. Narayanan clarified that ISRO is a government organization and that almost 80% of its budget is invested in industry, with 450 industries working for the agency.

He emphasized that the space ecosystem needs to grow and that ISRO's role will progressively strengthen in areas such as frontier research and development, advanced technologies, human space flight, and deep space and planetary missions.

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