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India must create ‘leading’ space firms, not just service companies: ISRO chief

By our Special Correspondent

India has 450 companies making components to build and launch satellites, but ISRO’s vision requires new players, young talent, a thriving start-up ecosystem and large-scale investment from government and private sector.

To be a major space power, India needs to create “leading space companies and not merely service companies,” S. Somanath, the chairman of the Indian Space Research Organisation (ISRO) said on Tuesday.

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