New Delhi: Union Minister Jitendra Singh stated on Thursday said that the Indian Space Research Organisation (ISRO) has signed six agreements with 4 nations for launching overseas satellites throughout 2021-2023.
In a written response to a question withinside the Rajya Sabha, Mr. Singh informed that approximately 132 million Euros might be earned through the launching of those foreign satellites on an industrial basis.
“ISRO via its industrial arm, New Space India Limited (NSIL), a Government of India corporation beneath neath Department of Space (DOS), has been launching satellites belonging to different nations onboard Polar Satellite Launch Vehicle (PSLV), on an industrial basis,” Singh stated.
He similarly stated that the NSIL as of date has signed six Launch Service Agreements with clients from 4 nations for launching overseas satellites into the area onboard PSLV throughout 2021-2023.
An overall variety of 124 indigenous satellites were placed into Earth’s orbit inclusive of 12 scholar satellites.
In every other written response to a comparable query withinside the Rajya Sabha today, Singh is informed that beginning from 1999 until date, a complete of 342 overseas satellites belonging to 34 nations were efficaciously released onboard PSLV on an industrial basis.
The Minister stated that through the launching of overseas satellites on-board Indian release vehicles, India has earned Foreign Exchange sales of about 35 Million USD and 10 Million Euros over the past three years between 2019 to 2021.
The type of foreign satellites that have been released through Indian Launch Vehicle consists of satellites primarily for Earth Observation, Scientific and Technology demonstration purposes, he added.