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Exploring Unchartered Territory? – Laws for the Void

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Rishi Batta

This 2 part series outlines the regulatory regime involving private sector participation in the space sector. This article explores the changes in the regulatory regime and the next one will explore the key challenges faced by private players (both domestic and international) in the Indian space sector.


What can the Indian space sector learn from the Avengers? Besides, the incredible budget and scale, the key takeaway would be - bringing experts together to achieve phenomenal results. We all remember the fascinating back stories, the strength of and the role each member plays to fill an essential need under the able guidance of a strong leader. The moment when the team does come together lights up the screen and assures the audience that all will be well. It isn’t all that different from how one may feel about India’s space journey. To build on this excitement, the Indian space sector needs the support of the regulations, patience from the private sector, and a unified vision from the regulators and key stakeholders to propel it toward success. In this article, we explore the journey of the regulatory regime to where it stands today and the possibilities for the future.

An integral component of this growth has been regulatory changes including the introduction of the Indian Space Policy, 2023 ("Policy"), which provides clarity on what the Government envisions for this sector. To put simply, the Government recognized the need to allow private participation and the Policy provides the tools for its execution.


While the sector itself was and continues to be under the Department of Space, until a few years ago, no comprehensive legislation or policy existed for the governance of the sector and reliance was placed on the multiple independent regulations, policies, and international treaties formulated by the United Nations.


Read More: https://tlegal.com/blog-details/exploring-unchartered-territory-laws-for-the-void

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