Boosting Space Startups: India’s Bold Rs 1,000 Cr Fund Redefines Skies For Private Players

By on    TECHNOLOGY  

Boosting Space Startups: India’s Bold Rs 1,000 Cr Fund Redefines Skies For Private Players

India’s space sector is set to receive a significant boost with the government earmarking Rs 1,000 crore for a venture fund dedicated to space startups. This decision, announced by Science and Technology Minister Jitendra Singh, is a clear indication of the high priority the government gives to the space sector. The announcement was made within […]

42 Indian Satellites Orbiting in Outer Space: Minister

By on    GENERAL  

42 Indian Satellites Orbiting in Outer Space: Minister

At present, there are 42 Indian satellites operational in orbit, 15 of them for communication, 4 for meteorological observations, 14 for earth observations, 7 for navigation and 2 for space science purposes. During FY 2016-17, the total revenue accrued from communication satellites through leasing of INSAT/ GSAT transponders is Rs. 746.68 crore. With respect to […]