Indian Space Sector Targets Rs 219 Cr Revenue From Launch Services

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

India’s Department of Space (DoS) is targeting revenue of Rs 219.14 crore from commercial launch services and also plans to put into orbit 10 satellites with its rockets during 2022-23.

The space sector also targets a revenue of Rs 11 crore from the sale of remote sensing data and data products.

Also Read

As per the budget papers presented to the Parliament on Tuesday by Finance Minister Nirmala Sitharaman, the DoS is targeting to complete two test rocket launches for the prestigious Rs 10,534.5 crore Gaganyaan, India’s human space mission, during FY23.

The government said during the year; five satellites will be launched using Polar Satellite Launch Vehicle (PSLV)/rocket, two satellites with Geosynchronous Satellite Launch Vehicle (GSLV), one with GSLV-Mk III rocket, and two satellites with the new Small Satellite Launch Vehicle (SSLV).

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

The DoS and its arms are targeting to transfer 30 technologies for social/commercial and other purposes during 2022-23.

One earth observation and one navigation satellite will be launched next fiscal.

The percentage completion of qualification and validation of Crew Escape System and Parachute system of the human space flight rocket for next year will be 48.5 percent. The readiness for the Indian human space flight during 2022-23 will be 50 percent.

For 2022-23, the DoS has asked for Rs 13,700 crore budgetary allocation up from the revised estimates of Rs 12,642 crore for 2021-22.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.



- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -
ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly 
OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors