ISRO Chief S Somnath urges industry leaders to invest in the Indian space sector, citing the example of Elon Musk in the US. He stresses the need for increased manufacturing of space equipment in India and highlights the challenges in sourcing components. Somnath discusses the growing footprint of the private sector in the space sector and its ability to independently build and launch satellites. He also mentions efforts to improve cost-effectiveness in rocket designing and facilitate collaboration with the private sector. Read more for insights into India’s space sector ambitions.
Matthew C. Weinzierl, Professor of Business Administration at Harvard Business School, discusses factors shaping the space sector and praises ISRO as an inspiring model for space development.