\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: The creation of Space Technology Parks<\/a> (STPs) in India have the potential to drive the growth of the space industry<\/a> and attract investments from leading companies and organisations that are already working in this field, the Indian Space Association<\/a> (ISpA<\/a>) said Wednesday.

“It is crucial to have the support of existing corporations and tech conglomerates in establishing
Space Technology Parks<\/a> in India, thus propelling the Indian Space Industry<\/a> Ecosystem ahead. Companies should consider prioritising CSR towards this as it is becoming increasingly important to project a socially conscious image,\" Jayant Patil<\/a>, Chairman, ISpA<\/a> said.

In a white paper released Wednesday, the Delhi-based space body has proposed to establish a special purpose infrastructure - Space Technology Parks (STPs) - at various locations which will help strengthen the Centre’s initiatives in the space domain. It will have a larger goal of making India self-reliant and technologically advanced, as per the document.

It suggested that the approach to set up STPs would need to include the whole-of-nation, whole-of-ecosystem, and whole-of-lifecycle to include every segment within the space domain, including upstream, midstream, or downstream sectors.

The STPs, according to the document, are also expected to facilitate collaboration with academic institutions; policies for building human capital, IP, products, and services for commercial operations; ease of doing business to aid the core activities with support for offices, infrastructure, communications, and more.

“The Government of India will provide the required policy framework for the governance and efficient operation of the Park by having a dedicated focus on the implementation, design, review and operationalisation of the Space Technology Park,” said ISpA.

It further added that the creation of an STP Authority will serve as a single window to Space Technology Park for all the stakeholders involved in the space
industry<\/a>, with its key responsibility being to provide the necessary ground infrastructure and key facilities needed for the entire lifecycle of space-related activities. This will cover various verticals, including design, development, manufacturing, operations, integration, testing, calibration, skilling, and capacity building.

The space body has further suggested that the
IN-SPACe<\/a> Digital Platform (IDP) may be designated as the single-window for approvals by the Centre on subjects mentioned in the Draft Policy. ISpA recommended that a mechanism may be included to conduct monthly inter-departmental meeting of all stakeholders to facilitate and fast-track review and approval of proposals.

“This could be supported by an integrated online web portal with modules that are integrated with the websites of other government stakeholders like customs, GST, and income tax which eliminates the need for coordinating between multiple government offices. This web-portal can be facilitated by the Unified Filing System proposed in Union Budget 2023-24 to reduce redundancy between departments,” according to the document.

\"India<\/a><\/figure>

India launched 353 foreign satellites since 2014: Govt<\/a><\/h2>

Earlier, in reply to a question in Lok Sabha, Singh said in order to promote and encourage public-private-participation projects and start-ups, a central PSU called \"NewSpace India Limited (NSIL)\" has been established.<\/p><\/div>

\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: The creation of Space Technology Parks<\/a> (STPs) in India have the potential to drive the growth of the space industry<\/a> and attract investments from leading companies and organisations that are already working in this field, the Indian Space Association<\/a> (ISpA<\/a>) said Wednesday.

“It is crucial to have the support of existing corporations and tech conglomerates in establishing
Space Technology Parks<\/a> in India, thus propelling the Indian Space Industry<\/a> Ecosystem ahead. Companies should consider prioritising CSR towards this as it is becoming increasingly important to project a socially conscious image,\" Jayant Patil<\/a>, Chairman, ISpA<\/a> said.

In a white paper released Wednesday, the Delhi-based space body has proposed to establish a special purpose infrastructure - Space Technology Parks (STPs) - at various locations which will help strengthen the Centre’s initiatives in the space domain. It will have a larger goal of making India self-reliant and technologically advanced, as per the document.

It suggested that the approach to set up STPs would need to include the whole-of-nation, whole-of-ecosystem, and whole-of-lifecycle to include every segment within the space domain, including upstream, midstream, or downstream sectors.

The STPs, according to the document, are also expected to facilitate collaboration with academic institutions; policies for building human capital, IP, products, and services for commercial operations; ease of doing business to aid the core activities with support for offices, infrastructure, communications, and more.

“The Government of India will provide the required policy framework for the governance and efficient operation of the Park by having a dedicated focus on the implementation, design, review and operationalisation of the Space Technology Park,” said ISpA.

It further added that the creation of an STP Authority will serve as a single window to Space Technology Park for all the stakeholders involved in the space
industry<\/a>, with its key responsibility being to provide the necessary ground infrastructure and key facilities needed for the entire lifecycle of space-related activities. This will cover various verticals, including design, development, manufacturing, operations, integration, testing, calibration, skilling, and capacity building.

The space body has further suggested that the
IN-SPACe<\/a> Digital Platform (IDP) may be designated as the single-window for approvals by the Centre on subjects mentioned in the Draft Policy. ISpA recommended that a mechanism may be included to conduct monthly inter-departmental meeting of all stakeholders to facilitate and fast-track review and approval of proposals.

“This could be supported by an integrated online web portal with modules that are integrated with the websites of other government stakeholders like customs, GST, and income tax which eliminates the need for coordinating between multiple government offices. This web-portal can be facilitated by the Unified Filing System proposed in Union Budget 2023-24 to reduce redundancy between departments,” according to the document.

\"India<\/a><\/figure>

India launched 353 foreign satellites since 2014: Govt<\/a><\/h2>

Earlier, in reply to a question in Lok Sabha, Singh said in order to promote and encourage public-private-participation projects and start-ups, a central PSU called \"NewSpace India Limited (NSIL)\" has been established.<\/p><\/div>