Former CEO and MD of Mahindra and Mahindra Dr. Pawan Kumar Goenka has been proposed as a chairperson of the Indian National Space Promotion and Authorisation Center (IN-SPACe). It was launched by the Indian Government last year to promote private investment and innovation in the space sector. According to a report from TOI, the Appointments Committee of the Cabinet (ACC) has approved the proposal for his appointment earlier this week. However, the Department of Space (DoS) is yet to finalise the appointment.
Dr. Pawan Goenka through his Twitter account thanked everyone for sending in congratulatory messages. He tweeted, "I am honoured and excited to be given this opportunity by GOI. 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."
From COO to President to Executive Director to Managing Director, Dr. Goenka has donned many hats in Mahindra. He retired as the MD and CEO, and Member of the board of directors of M&M earlier this year. With a career that has spanned over 40 years, Dr. Goenka has been a flag bearer for the Indian automotive industry. For his contribution to the Indian auto industry, carandbike had conferred Goenka with the prestigious Param Shreshth Award earlier this year.
Goenka holds a BTech degree in mechanical engineering from IIT Kanpur and a doctorate from Cornell University. After he retired from Mahindra and Mahindra, he joined Bosch Limited as an independent director for 5 years.
IN-SPACe is the Institutional and Regulatory mechanism established by Government to facilitate greater private participation. Formed last year, it will be the nodal agency that will regulate the private industry in the space sector. It has been created under the Department of Space as a separate vertical for taking independent decisions for permitting and regulating space activities of the private sector.
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