gslv mk3
BANNED
- Joined
- Aug 4, 2012
- Messages
- 13,840
- Reaction score
- -18
- Country
- Location
According to the published reports available in the public domain on the international satellite market, the average annual revenue over the last three years, is approximately $200 billion (Rs. 13 Lakh Crore), which includes the launch services market (Rs. 0.37 Lakh Crore), satellite manufacturing (Rs. 1.07 Lakh Crore), ground equipment (Rs.3.85 Lakh Crore) and satellite services (Rs. 8.17 Lakh Crore). ISRO is providing the launch capacity, when available, for launching satellites on a commercial basis through Antrix Corporation Limited. During the last year (2015-16), Antrix earned a revenue of approximately Rs. 230 Crore through commercial launch services, which is about 0.6% of the global launch services market.
Hopefully these figures with go up with the 'privatization' of pslv. With LVM 3/ULV , we can establish ourselves as a key player in Space launch services market