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<\/span><\/figcaption><\/figure>NEW DELHI: The solutions provided by the Indian Space Research Organisation<\/a> (ISRO<\/a>) will help monetize the space economy, said the national space agency’s chairman S Somanath<\/a>.

Somanath also cited that the Navigation with Indian Constellation or NavIC has the potential to become a global navigation system.

“Solutions provided by ISRO<\/a> will help monetize the space economy. We have to start looking at our space sector with a whole new perspective on a larger and more monetized economy. If we look at NavIC, though a regional satellite navigation system, it has the potential of becoming a global navigation system,” he said.

He said that a conducive policy<\/a> for the sector is slated to be announced in the near future.

The top official of ISRO, and Secretary of the Department of Space was speaking at India Space Congress 2022, organized by SIA-India.

Notably, NavIC is an independent standalone navigation satellite system of India, operated by ISRO. The Centre has started consultations with smartphone brands to incorporate NavIC in smartphones.

ET in its September 27 reported that though there is no timeline yet, there is an industry consensus of implementing this mandate from January 1, 2025. The need to incorporate NavIC in handsets has arisen because global navigation systems like GPS or Russia’s Glonass are operated by defence agencies of the respective countries and it may be possible that civilian services can be degraded or denied. Currently in India, most smartphones rely on GPS for navigation.

K Rajaraman<\/a>, Secretary, Department of Telecommunications<\/a> (DoT) in his inaugural address said that satellite communications will play a pivotal role in digital inclusion at the last mile, while helping in 4G coverage saturation in 30,000 villages in a year.

Rajaraman said that incorporating around 400 million unbanked citizens with the digital economy has helped them to transact electronically.

“Digital inclusion shall pave the way for our national goal of economic inclusion. New technologies promise convergence and spectrum deployment should be put to better use,” the top DoT official said.

\"Space<\/a><\/figure>

Space technologies offer convergence, can put spectrum to use: Rajaraman<\/a><\/h2>

“New technologies (satcom) promises convergence and spectrum deployed should be better put to use,” K Rajaraman, secretary, Department of Telecommunications (DoT) said, adding that space communications can play an important role in fulfilment of national goals including economic inclusion. <\/p><\/div>

\"\"
<\/span><\/figcaption><\/figure>NEW DELHI: The solutions provided by the Indian Space Research Organisation<\/a> (ISRO<\/a>) will help monetize the space economy, said the national space agency’s chairman S Somanath<\/a>.

Somanath also cited that the Navigation with Indian Constellation or NavIC has the potential to become a global navigation system.

“Solutions provided by ISRO<\/a> will help monetize the space economy. We have to start looking at our space sector with a whole new perspective on a larger and more monetized economy. If we look at NavIC, though a regional satellite navigation system, it has the potential of becoming a global navigation system,” he said.

He said that a conducive policy<\/a> for the sector is slated to be announced in the near future.

The top official of ISRO, and Secretary of the Department of Space was speaking at India Space Congress 2022, organized by SIA-India.

Notably, NavIC is an independent standalone navigation satellite system of India, operated by ISRO. The Centre has started consultations with smartphone brands to incorporate NavIC in smartphones.

ET in its September 27 reported that though there is no timeline yet, there is an industry consensus of implementing this mandate from January 1, 2025. The need to incorporate NavIC in handsets has arisen because global navigation systems like GPS or Russia’s Glonass are operated by defence agencies of the respective countries and it may be possible that civilian services can be degraded or denied. Currently in India, most smartphones rely on GPS for navigation.

K Rajaraman<\/a>, Secretary, Department of Telecommunications<\/a> (DoT) in his inaugural address said that satellite communications will play a pivotal role in digital inclusion at the last mile, while helping in 4G coverage saturation in 30,000 villages in a year.

Rajaraman said that incorporating around 400 million unbanked citizens with the digital economy has helped them to transact electronically.

“Digital inclusion shall pave the way for our national goal of economic inclusion. New technologies promise convergence and spectrum deployment should be put to better use,” the top DoT official said.

\"Space<\/a><\/figure>

Space technologies offer convergence, can put spectrum to use: Rajaraman<\/a><\/h2>

“New technologies (satcom) promises convergence and spectrum deployed should be better put to use,” K Rajaraman, secretary, Department of Telecommunications (DoT) said, adding that space communications can play an important role in fulfilment of national goals including economic inclusion. <\/p><\/div>