While world seems focused on SpaceX’s successful launch of Falcon Heavy, everyone back home is wondering about developments in India. While India may be behind some countries in certain areas, its growth is steadily sealing the gap. The landmark launch of 104 satellites was one such instance, an important moment, not only for India, but the entire space sector. Since the launch of India’s mars mission at the lowest cost ever, there has been a keen interest in India’s space efforts. With successes in subsequent launches that are also cost effective, a positive feedback loop has emerged, one that keeps pushing the sector forward. A price comparison shows the significant cost difference– A launch by Arianespace’s Ariane-5 (the most successful commercial rocket in use right now) costs more than $100 mn, and one by SpaceX’s Falcon 9 costs around $62 mn; A PSLV launch costs a mere $15 mn.
The private sector is growing slowly and steadily. As the scope of its participation in the country’s space efforts increases, so do hopes for a significant boost in the sector.
100% FDI for Indian space research organisation’s is allowed in satellites-establishment and operation.
World record of sending 104 satellites into space in a single mission
India’s space programme stands out as one of the most cost-effective in the world
Ranks among the top 5 nations in the field of space exploration
To cater to the global $329 bn (2016) space economy, ISRO has its specialized commercial arm that was granted a ‘MINIRATNA’ status, Antrix Corporation Limited set up in 1992
Antrix has played a critical role in commercializing ISRO’s capabilities. The company is estimated to have almost 0.6% of the global launch market services. While this number may seem small, it a significant achievement for a government enterprise acting in a heavily capital constrained economy
The INSAT system with more than 200 transponders provides services to telecommunications, television broadcasting, satellite newsgathering, societal applications, weather forecasting, disaster warning and Search and Rescue operations. GSAT-17 joins the constellation of INSAT System consisting 15 operational satellites. ISRO has successfully launched 7 navigation satellites
2017 was a land mark year for the space sector in India, marked by the introduction of the Space Activities Bill 2017
Today, India has one of the largest constellations of remote sensing satellites in operation. Currently, thirteen operational satellites are in Sun-synchronous orbit
Big announcement by Finance Minister Niramala Sitharaman for FDI in this year's budget.
RSS Chief Mohan Bhagwat's Full Speech To The Swayamsevaks In Nagpur On Vijayadashmi
Cabinet clears 100% FDI in coal mining, associated infrastructure
Press Conference by Union Finance Minister Nirmala Sitharaman
Atal Bihari Vajpayee's memorable 1996 Parliament trust vote speech