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India earned 40 mn euro launching foreign satellites

sree45

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India has earned around 40 million euros launching 15 foreign satellites from 2011 till date, Science and Technology MinisterJitendra Singh said Wednesday.

In a written reply to a question in the Lok Sabha, Jitendra Singh - who is also minister for Earth sciences, department of atomic energy and department of space, said the Indian Space Research Organisation (ISRO) launched 15 foreign satellites and 14 Indian satellites during fiscal years 2011-2014 and in this fiscal.

He said the revenue earned through launch of foreign satellites was 39.82 million euros.

Jitendra Singh also said the department of space has laid down the future space programme till 2020.

The plan envisages development of advanced launch vehicle systems, thematic earth observational satellites with improved resolution, high-power, high-throughput communication satellites, microwave multi-spectral remote sensing satellites, weather and climate studies, constellation of satellites for regional navigation, development of critical technologies for human spaceflight and satellites for space science and planetary exploration purposes.

He said India has spent Rs.349.9 crore on its Mars Orbiter Mission till March 31, of the total project outlay of Rs.450 crore. The Mars Orbiter was launched Nov 5, 2013.




India earned 40 mn euro launching foreign satellites | Business Standard News
 
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You evil yindoo baniyas always talking about money.
paisa+paisa.JPG
 
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Kewl.. Like this we need boost our defence industry too..!! Money will come in.. and progress will follow..!!!
 
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Good news...... But let us not get exited with this, because there is a huge scope and for us and Sky is the limit when it comes to ISRO.....
 
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Modest, but a nice beginning...ISRO shows the way that you can serve the nation as well earn money!!
 
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