Ex-Managing Director of Mahindra & Mahindra Pawan Kumar Goenka has been designated as the Chairperson of Indian National Space Promotion Authorization Centre (In-Space), the sectoral regulator for private players.
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Goenka tweeted, "Space is a new sector for me, but clearly a sector with tremendous potential for leveraging what our ISRO and other Space scientists have accomplished. Lot for me to learn.”
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Goenka's appointment was cleared by the Appointments Committee of the Cabinet, which approved the proposal on September 7.
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Goenka retired as the MD and CEO, and Member of the Board of Directors of M&M Ltd on April 2, 2021. An IIT alumnus, Goenka has been associated with two major automobile companies - General Motors and Mahindra & Mahindra- in his career spanning over four decades. He completed his B.Tech in Mechanical Engineering from IIT-Kanpur and ph.D. from Cornell University, United States. Goenka is also a graduate of Advanced Management Program from Harvard Business School.
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In-Space provides a level playing field to private companies as well as start-ups in the space sector. It has been created under the Department of Space as a separate vertical for taking independent decisions with respect to permitting and regulating space activities of the private sector.
