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

Indian Space Research Organisation (ISRO) Chairman V Narayanan has addressed concerns among employees about the potential privatization of the agency, assuring them that ISRO remains a government organization and is not being privatized. He emphasized the importance of expanding the country's space economy through collaboration with the private sector, stating that the space ecosystem needs to grow.

ISRO currently operates 56 satellites, with a requirement for 50 launches annually, and around 80% of its budget is invested in industry, with 450 industries working with the organization. The Chairman's clarification comes in response to employee associations raising concerns about the direction of the organization's privatisation drive and its implications for the workforce and future role.

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