PM launches Indian Space Association (ISpA)

Context

Recently, PM launched the Indian Space Association (ISpA) to boost the local space-related industry. 

Key-highlights

• The organization will engage with stakeholders across the environment to develop a supportive policy framework that fulfills Government's vision.
• ISpA will also work to build global connections to the Indian space industry to bring critical technology and investment to the country to create high quality job opportunities.
• ISpA also plans to work closely with IN-SPACe to further the vision of the Government space.
• ISpA aims to be a forum of the space industry in the Indian private sector and partner the Government of India and other key stakeholders across space industry segments in making the nation self-reliant in the area as well as to become a global service provider.
• ISpA aims to contribute to the vision of the Indian Government to make India Atmanirbhar and a global leader in the space sector, emerging rapidly as the next frontier of human growth.
• This space conversion method is based on 4 pillars.
• First, freedom to innovate in the private sector.
• Second, the role of the government as an enabler.
• Third, preparing the youth for the future.
• Fourth, to see the space sector as a source of progress for the common man.

Members

• ISpA is represented by leading domestic and international companies with advanced skills in space and satellite technology.
• Its founding members include Bharti Airtel, Larson & Toubro, Nelco (Tata Group), OneWeb, Mapmyindia, Walchandnagar Industries and Alpha Design Technologies.
• Other key members include Godrej, Hughes India, Ananth Technology Limited, Azista-BST Aerospace Private Limited, BEL, Centum Electronics, Maxar India.