India Earned 40 mn Euro Launching Foreign Satellites

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

Published: 10th July 2014 12:23 AM  |   Last Updated: 10th July 2014 12:23 AM   |  A+A-

By IANS

CHENNAI: India has earned around 40 million euros launching 15 foreign satellites from 2011 till date, Science and Technology Minister Jitendra 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.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp