Isro revenue from commercial satellite launches up by 40%: Minister

Isro revenue from commercial satellite launches up by 40%: Minister

In five years revenue generated by launching satellites for other countries stood at Rs 1,245.17 crore
Current Affairs:The income earned by the business arm of India’s space organization rose by around 40 percent in 2018-19 to Rs 324.19 crore from Rs 232.56 crore a year ago, helped by satellite dispatches for remote clients.
In five years income created by propelling satellites for different nations remained at Rs 1,245.17 crore. The Indian Space Research Organization has propelled satellites from 26 nations during the most recent five years, Jitendra Singh, serve responsible for nuclear vitality and space, told Rajya Sabha.
He included, contracts with 10 nations specifically; USA, United Kingdom, Germany, Canada, Singapore, The Netherlands, Japan, Malaysia, Algeria and France were marked over the most recent five years under business game plans.

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