India's satellite launch order book stands at Rs 280 crore

India has a satellite launch order book of around Rs 280 crore for third parties. The country is also in discussions with others for contract manufacturing of meteorological satellites.

After the successful launch of eight satellites The Antrix Corporation's Chairman-cum-Managing Director S. Rakesh.said "Our order book size for launching foreign satellites stands at around Rs 280 crore. This will take us around two/three years to exhaust," he further added that the company closed last fiscal with a turnover of Rs 1,923 crore crore and is expected to close the current fiscal with a revenue of around Rs 2,000 crore which shows the performance and achievements of ISRO.

ISRO Chairman A.S. Kiran Kumar said: "Our meteorological satellites have excellent capabilities which, barring the US, others do not have." He said India is in discussions for making meteorological satellites for others and now focus on to get the same output from four-tonne satellites instead of going for a six-tonner.

with this, India successfully completed yet another multiple-satellite launch in a single rocket mission and is marching towards the milestone of 100 foreign satellite launches.

Till date, India has successfully launched 79 satellites for international customers. Interestingly, this was also PSLV's longest launch spread over two hours and 15 minutes.

The Indian space agency ISRO also put into commercial use its multiple-burn technology in its rocket Polar Satellite Launch Vehicle (PSLV). Simply put, multiple-burn technology is the switching off and switching on of a rocket's engine in space mainly to deliver satellites in two different orbits.