ISRO's chief said India could build a permanent base in space like the International Space Station.

Highlights ISRO chief says India has capability to develop research base in space

Needs long-term approach but ISRO ready if plan is okayed, he says

ISRO won international praise by launching 104 satellites on one rocket

ISRO launched 104 satellites on a single rocket last week.

Indian Space Research Organisation (ISRO) chairman AS Kiran Kumar today said India has the capability to develop a space station, but it needed a long-term approach and ambitious planning. His comment follows ISRO display of technological prowess last week by launching 104 satellites in a single mission "We have all the capabilities to set up a space station. The day the country takes the decision, we will 'okay' the project. Just draw a policy and provide us necessary funds and time," Mr Kumar said.He was in Indore to attend the foundation day ceremony of Raja Ramanna Center for Advanced Technology (RRCAT)."We still talk about what would be the immediate benefits of a manned space mission. That is why the country hasn't made up its mind about when to invest in a space station," he said. A long-term thinking was needed for setting up a space station, he said, adding "the sooner the better".Mr Kumar said ISRO was also mulling tying up with the industry to enhance the country's satellite launching capability.Many more satellites were needed to keep a tab on the land and weather conditions and to enhance the communication network, he said.

This would be possible with increase in the number of satellite launches, for which the country needed to enhance the basic infrastructure and reduce the cost of equipment, he added.The number of companies manufacturing small satellites has gone up across the world, but these companies could not launch them, therefore this area had immense commercial potential and India could tap it by enhancing the launch facilities, the ISRO chief said.