India, Nov. 26 -- ISRO Chairman V Narayanan on Tuesday said he was pleased to see private companies stepping into the complex work of building navigation systems for spacecraft and defence, adding that their efforts would support PM Modi's vision of making India a developed nation by 2047. He noted that navigation systems are highly complex and critical, which ISRO alone could not develop.

"When we talk about Viksit Bharat 2047, it is our responsibility to ensure no imports are required. Navigation is a very critical area and ISRO alone cannot develop it. So I am extremely happy that in Thiruvananthapuram, Ananth Technologies has entered this field," Narayanan said.

He was speaking to the media after inaugurating a Centre of Excell-ence...