This comes in the backdrop of a controversial two-satellite deal it had struck with a private firm. The Commission, at a meeting here formed a search committee to identify a Chairman-cum-Managing Director for Antrix.
Currently, K Radhakrishnan who is the secretary, Department of Space is also the Chairman of Space Commission, ISRO and Antrix Corporation. After the new appointment, Radhkrishnan would no longer hold the top post in Antrix. Antrix would continue to have a technocrat as its head but for the first time, since its creation in 1992, the person would not be the ISRO chief. Radhakrishnan said the decision to have a CMD for Antrix was taken considering its business expansion and a newly conferred mini-ratna status.