ISRO's 119 earth observation satellite- Rs.40,000-70,000 crore opportunity

Chennai, Aug. 29 -- A business opportunity valued between Rs.40,000 and Rs.70,000 for the Indian space sector over the next 15 years was put out in the open by a senior official of the Indian Space Research Organisation (ISRO) at the recently held National Meet 2.0.

Speaking at the conference, Nilesh M Desai, Director, ISRO's Space Applications Centre said India plans to orbit 103 earth observation and 19 technology demonstration satellites over the next 15 years or by 2040.

Desai also said plans to launch about 160 communication satellites including a constellation of 140 satellites in the Low Earth Orbit (LEO) and Medium Earth Orbit (MEO) to provide broadband connectivity like Starlink, OneWeb and others.

Desai said the 20 communicatio...