Brahmand NewsPrevious Article
Brahmand NewsNext Article

ISRO's commercial arm launched 239 satellites in last 3 years, earned Rs 6,289 crore: Govt

NEW DELHI (PTI): A total of 239 satellites were launched by ISRO's commercial arm Antrix Corporation in the last three years, garnering a revenue of Rs 6,289 crore, the Government informed Parliament on Wednesday.

In reply to a question in Lok Sabha, the Minister of State in the Prime Minister's office Jitendra Singh said the Government has already set up NewSpace India Limited (NSIL) under the administrative control of Department of Space (DOS) on March 6, 2019 to commercially exploit the research and development work of Indian Space Research Organisation (ISRO) centres and constituent units of DOS.

He said that the NSIL was set up to meet the ever-increasing demands of Indian space programme and to commercially exploit the emerging global space market.

"A total of 239 satellites were commercially launched by Antrix Corporation Ltd during the last three years. The total revenue from operations during the last three years is Rs 6289.05 crore," he said.

Tags:

Other Related News

Indian Navy chief directs commanders to focus on 7 specific areas

Navy Chief Admiral Dinesh K Tripathi has directed naval commanders to focus on seven key areas including war fighting and combat efficiency, fleet maintenance and operational logistics, integration of new technologies and synergy with other agencies.

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2024

Brahmand World Defence Update

Image Gallery

Main Menu
 Comment TagsColor of comment tags right next to article titles Links ColorColor of Hyperlinks Background ColorBackground color & image
Background TextureChoose Background Texture