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To boost satellite launch, ISRO to hold industries consortium by 2020

ISRO chairman AS Kiran Kumar said India needs 70 operational satellites in space to meet its various needs, but it presently has only 36.

By: ANI | Chennai |
Updated: July 22, 2016 10:56:42 pm
ISRO, ISRO's industries consortium, ISRO satellite launch capabilities, ISRO chairman AS Kiran Kumar, adras Institute of Technology, Indian Regional Navigation Satellite Systems, GSLV Mark 2, GSLV Mark 3, GSLV Mark rockets, Tech News, latest news, India news ISRO chairman AS Kiran Kumar said ‘GSLV Mark 3’ capable of launching four-ton communication satellites will zoom into space by this year end. (Representational Image)

ISRO will be having a consortium of public and private industries by 2020 to augment satellite launch capabilities, said ISRO chairman AS Kiran Kumar on Friday.

Addressing the alumni of the Madras Institute of Technology here, he said India needs about 70 satellites operational in space to meet its various needs.

Presently 36 satellites are offering their services, which is far short of the requirements.

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He said to enhance the number of satellite launches; involving the public and private sectors is necessary and a formal consortium will start functioning from the space port at Sriharikota.

Referring to the Indian Regional Navigation Satellite Systems IRNSS, Kumar said the constellation of seven satellites has started offering its services equivalent to the Global Positioning System.

With a lot of innovations, the cost of the navigation satellite system has drastically come down. “GSLV Mark 2” rocket will get ready for its flight in a few weeks and the much heavier version “GSLV Mark 3” capable of launching four-ton communication satellites will zoom into space by this year end, he said.

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