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India’s ISRO Sets Sights on Greater Transparency to Attract Talent and Investment

India's space agency, the Indian Space Research Organization (ISRO), is undergoing a transformation in an effort to rebrand itself as a more open and approachable organization. A recent example of this shift towards transparency was the Chandrayaan-3 moon mission, which garnered over 8 million viewers on YouTube, a record for the platform. Current and former employees, along with industry experts, have praised ISRO's move to become more open, highlighting its importance in attracting talent and investment.

Pratibha by Pratibha
September 29, 2023
Reading Time: 2 mins read
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reuters India's ISRO Sets Sights on Greater Transparency to Attract Talent and Investment

reuters India's ISRO Sets Sights on Greater Transparency to Attract Talent and Investment

Previously known for its secretive culture, ISRO’s leadership is now embracing transparency as it seeks to expand its share of the global commercial space market, which is expected to be worth $1 trillion by 2030. India’s current share stands at just 2% (approximately $8 billion), but the government aims to increase this to $40 billion by 2040.

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Prime Minister Narendra Modi has urged ISRO to help transform India into a profitable space superpower. To achieve this goal, ISRO needs to engage young scientists, startups, investors, and private industry partners, all of whom favour a more open approach.

The shift towards transparency has already attracted university students who were previously discouraged from pursuing careers in space science. This new approach broadens their perception of the industry and encourages them to consider opportunities within ISRO.

Chairman S. Somanath, who assumed the role in 2022, played a crucial role in fostering this cultural shift within the organization. Many scientists initially expressed concerns about job security and ISRO’s relevance after opening the sector to private industry, but Somanath’s leadership has helped ease these worries.

ISRO’s more open culture has led to greater autonomy for employees and faster project progression. The agency’s scientists are gaining confidence through public recognition, and space startups are seeking their guidance for private launches.

This shift towards greater openness makes ISRO a more appealing partner for private space ventures, enhancing collaboration opportunities in India’s growing space industry.

While ISRO’s transition to a more transparent organization has been well-received, the agency faces challenges, including competition from established space companies and potential economic downturns that could affect its momentum. Nevertheless, ISRO’s efforts to engage with the public and industry signal a positive shift in its approach to space exploration and commercialization.

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As India’s government prepares to open the space sector to foreign investment, ISRO’s new approach aligns with the country’s ambitions to establish itself as a major player in the global space industry.

Tags: Atmanirbhar BharatIndiaISRONASAspaceSpace Mission
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Pratibha

Pratibha

A passionate news person, trying to reflect her views on the recent happenings around the globe, bringing you a nuanced perspective and keeping the ethics of journalism alive in the process. My journey started in an international newsroom, where I have covered major events and been to the roots of them.  The  South-Asian region has also caught my interest, where I have covered more of the features and cultural side of the South-Asian countries. As a journalist dedicated to ethical reporting and with a personal interest in exposing hidden narratives, I aim to offer complex perspectives that enhance comprehension of the modern, globalized world.

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