Saturday, 24 October 2015

India earns about 100 million US dollars by launching 45 commercial foreign satellites

India has earned about US 100 million dollars by launching the 45 commercial foreign satellites from 19 countries. The income was earned by Antrix, the commercial branch of the Indian Space Research Organisation (ISRO).This information was given by the Union Science & Technology Minister Jitendra Singh in a written reply in the Lok-Sabha. It was also announced this revenue from the commercial space missions will further grow with launch of 28 foreign satellites between 2015 & 2017. In this regard Antrix has signed agreements with 6 countries . Algeria, Canada, Germany, Indonesia, Singapore and US. Apart from this, the minister also informed that ISRO has launched 72 indigenous satellites from Satish Dhawan space centre, Sriharikota in Andhra Pradesh(AP) using indigenous launch vehicles. Polar Satellite Launch Vehicle (PSLV). In addition, ISRO also has successfully launched 4 micro & nano satellites built by students of Indian universities. In future 6 indigenous satellites are also to be launched by Mach 2016.


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India earns about 100 million US dollars by launching 45 commercial foreign satellites

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