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

Joint operations, integration in areas like electronic warfare discussed in key defence meeting

Senior officers from the three Services, the DRDO and the industry discussed on subjects such as joint operations and integration in areas like electronic warfare and emerging technologies during a key meeting, the defence ministry has said.

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2024

Brahmand World Defence Update

Image Gallery