<h1>Former ISRO Chief Stresses Cost-Effective Space Missions, Urges Private Sector Role to Boost India's Global Space Economy Share.</h1> A former ISRO chairman highlighted India's cost-effective approach to space missions, exemplified by the NASA-ISRO Synthetic Aperture Radar (NISAR) mission, which is significantly cheaper than similar US projects. He emphasized the importance of private sector involvement to boost India's contribution to the global space economy from 2% to 10%. The cost-effectiveness is attributed to a focus on simulations, reusing hardware, and leveraging India's manufacturing sector. He advocated for increased government investment in areas like space exploration, suggesting a transition of technology to private hands for profitability and business growth.