Space Policy 2023: Malhotra further said that for services which already are regulated by a stringent licensing framework such as the unified license regime, there "should not be a mandate" for the applicant to be an Indian entity.
Allowing private players to undertake end-to-end space activities will help them to tap into trends and growth opportunities and meet India’s strategic needs. The Space Policy 2023 has undertaken a bold shift by whittling down ISRO’s role in manufacturing, but regulations on FDI, licences and spectrum needs more clarity