India to open up space exploration and satellite launches to private companies

Reuters

16 May, 2020, 07:35 pm

Last modified: 16 May, 2020, 07:49 pm

India to open up space exploration and satellite launches to private companies

Finance minister Nirmala Sitharaman made the statement at a press conference on Saturday

Reuters

16 May, 2020, 07:35 pm

Last modified: 16 May, 2020, 07:49 pm

Representative Image. File Photo

Representative Image. File Photo

India will allow the involvement of private companies in its space exploration and satellite launch programmes.

Finance minister Nirmala Sitharaman made the statement at a press conference on Saturday.

Both industries are currently predominantly operated by the government's Indian Space Research Organisation.

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