Financial Daily from THE HINDU group of publications
Tuesday, Sep 23, 2003
Financial Daily from THE HINDU group of publications Tuesday, Sep 23, 2003 |
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Industry & Economy
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Science & Technology ISRO says 2-tonne satellite a safe bet Our Bureau
Bangalore , Sept. 22 ISRO is trying to promote the 2-tonne spacecraft as a safe bet among several developing countries. The 2-tonne satellite in which the national space agency excels can be a cost-effective option for these nations and can be launched on the indigenous GSLV. It would also cover market risks that the space industry is going through currently. The new ISRO Chairman and Secretary, Department of Space, Mr G. Madhavan Nair, today said at his maiden news conference, "We hope to work with some of the industries to find a niche in this segment." ISRO is also hoping for collaboration with Canada, Germany, Russia or others in its Rs 380-crore lunar mission, Chandrayaan-1, expected around 2008 and has kept 10-15 per cent of the payload for the prospective partner. Mr Nair, who spoke after releasing a book by a former space scientist, said he would ensure continuity of ongoing programmes along with providing a thrust to space R&D to put the country firmly on a global footing. Several ongoing activities related to the development of launchers and communication and remote sensing satellites would be taken forward in a synchronised manner. ISRO would aim for three launches a year in the next couple of years and to enable this, the second launchpad will be declared operational by this year-end. The indigenous cryogenic engine has qualified and would be ready in a year, powering the fourth GSLV rocket. Among upcoming projects is Resourcesat-1 or IRS - P6 and along with it, a small HamSat for Hams operators, which have been lined up for late October. Plans for the near term include Radarsat, the GSLV mark 3 for heavy satellites, besides the lunar orbiter mission. The commercial arm, Antrix Corporation, is expecting to cross Rs 200 crore turnover this year, with remote sensing product exports as a mainstay of the sales. The future focus will also be on telemedicine and tele-education, along with remote sensing satellites.
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