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Not enough demand for satellite launch market in India yet: Isro chairman

Business Standard LogoBusiness Standard5d ago

Not enough demand for satellite launch market in India yet: Isro chairman - Business Standard

Quick Summary:

Addressing the India Space Congress 2024, he said big companies are willing to enter the space sector but they are concerned about the timeline for breaking even and securing orders.

ISRO Chairman S Somanath on Wednesday said there is not enough internal demand for the satellite launch market in India but it can be created through more work on the application of satellite technology.

At a press conference on the sidelines of the Space Congress, he said, "We need to create more internal demand.


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Category: BusinessFinance

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Published On: 2024-06-26 @ 18:01:20 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 579 words

Reading Time: 4 minutes read

Sentences: 25 lines

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Copyright Owner: © Business Standard

News ID: 21393986

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