ISRO-Antrix Corporation Earned Rs 6,289 Crore In Last 3-years

ISRO’s commercial arm Antrix Corporation earned Rs 6,289 crore in the last 3-years. Till now, around 239 satellites are launched (2016 to 2019) by Antrix Corporation.
The objective of Antrix Corporation is to promote the ISRO's products, services, and technologies. It was incorporated as a Private Limited Company owned by the Govt of India on 28th Sept 1992.
The Member of Lok Sabha Mr. Jitendra Singh said that Govt has already set up NewSpace India Limited (NSIL) under the control of Department of Space (DOS) on 6th March 2019.
It's objective to commercially exploit the research and development work of Indian Space Research Organisation (ISRO) centers and constituent units of DOS.

Published On : 25 Jul 2019