Income Through Launching of Satellite

 

The Government is generating income through various satellite launch missions by providing services, on commercial basis, through Antrix Corporation Limited (Antrix), the commercial arm of Indian Space Research Organisation (ISRO). These services include (i) Marketing and direct reception of data from Indian Remote Sensing Satellites to national and international clientele, and (ii) Leasing of satellite transponders on-board INSAT/ GSAT satellites. The income generated by Antrix, since 1992, for providing the above services is Rs. 4,408.07 Crores. 

GSAT-7_0

(Pic courtesy: ISRO)

In addition, the satellites of the foreign countries are launched by ISRO, on commercial basis, under contract between respective foreign customer and Antrix. As on date, ISRO has launched 40 satellites from 19 foreign countries; and the income generated through launch of these satellites is € 50.47 million and US $ 17.17 million. 

The future course of action plan includes, (i) expanding the data and direct reception services of Indian Remote Sensing Satellites to international clientele, (ii) enhancing leasing of satellite transponders to Indian customers, (iii) increasing launch services for foreign satellites on-board Indian launch vehicles, and (iv) enhancing marketing of satellites and sub-systems. 

This information was given by the Minister of State (Independent Charge) for Science and Technology & Earth Sciences Dr. Jitendra Singh in reply to a written question in the Rajya Sabha. 

 

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