Huge feather in ISRO cap! Over Rs 90 cr spike in Foreign exchange from satellite tv for pc launch in FY19

HomeForex News

Huge feather in ISRO cap! Over Rs 90 cr spike in Foreign exchange from satellite tv for pc launch in FY19

The monetary 12 months 2018-19 noticed a good-looking Rs 91.63 crore spike in India`s international trade earnings from launching of international


The monetary 12 months 2018-19 noticed a good-looking Rs 91.63 crore spike in India`s international trade earnings from launching of international satellites. In accordance with the federal government, the Indian House Analysis Organisation (ISRO) has earned Rs 1,245.17 crore over the past 5 years by launching satellites from 26 international locations.

Throughout the fiscal 2018-19, the launch earnings was Rs 324.19 crore up from Rs 232.56 crore earned in 2017-18.

Contracts with 10 international locations specifically the US, the UK, Germany, Canada, Singapore, The Netherlands, Japan, Malaysia, Algeria and France have been signed within the final 5 years beneath industrial preparations.

In a reply to a query raised in Rajya Sabha, Union Minister for Atomic Vitality and House Jitendra Singh gave the info on Thursday.

In accordance with ISRO Chairman Ok. Sivan, Indian rocket Polar Satellite tv for pc Launch Car (PSLV) has lifted a complete of 52.7 ton until date and out of that 17 per cent consists of buyer satellites.

Watch Zee Enterprise dwell TV beneath:

India has until date put into orbit 319 international satellites.

 



More News