‘Industry must lift PSLV output’

‘Industry must lift PSLV output’

News:

1. ISRO conducting biennial Space Expo BSX-2018, to engage Indian industry in space drive production and satellite production.

Important Facts:

2. ISRO Plans to launch 59 satellites over the next three years.

3. India has 45 satellites in space right now.

4. Currently ISRO is launching 6 or 7 satellites in a year, target to improve two per month.

5.India wants to play a huge role when the $330 B space market is looking at huge growth opportunities and newer technologies.

6.However, ISRO is not satisfied with the contribution provided by the Indian Industry.

7.ISRO wants the industry to take up bigger and independent roles in manufacturing satellites and launchers.

8.Why ISRO Need needs industry to engage in manufacture satellite and launch vehicle

• These developments will help ISRO in perfecting the cryogenic technology for sending up heavier and heavier payloads.
• It will reduce India’s dependency on other countries to launch heavier satellites.
• ISRO wants to focus his new challenge of the manned space mission, which is expected to be launch before 2022.
• According to ISRO Chairman, K Sivan, India would launch its first human space mission, Gaganyaan, in 40 months from now.

9. Nearly 80 percent of rocket and 50 percent of satellite components are made by industry.

10.In upcoming three years out of 10,400 crores for 40 launch vehicle (including 30 Polar Satellite Launch Vehicles (PSLVs) and 10 Geosynchronous satellite vehicle) the industry can tap business of about 9,000 crores.

11.ISRO is setting up six incubation centers across the country to promote start-ups and small to medium sized enterprises in the space business.

12. BSX 2018 will provide opportunities for industries in India and abroad.

13. BSX is being organized by the Confederation of Indian Industries (CII), in association with ISRO and Antrix – ISRO’s commercial arm.

14.BSX 2018 will be an ideal platform for organizations:

•  Looking to venture in Space / Satellites sector in INDIA
•  Being a partner with ISRO Centers for joint development of components and technologies.
• Expanding business with ISRO and its centers.
• Deliberate on issues faced in Space / Satellite segment in India
• Connecting with Indian Space Industry
• Exploring opportunities with the Global Space Industry

15. A special session for students is also being held on Gaganyaan during the Expo.

16. Apart from it the International Conference will see the participation of global space agencies and industries.

17. About Gaganyaan Mission

• On August 15, 2018 by Prime Minister announced man mission in outer space by     2022.
• So far, only three countries viz. United States, Russia and China have sent their manned missions to space.
• A manned space mission is very different from all other missions that ISRO has so far completed.
• In terms of complexity and ambition, even the missions to the Moon (Chandrayaan) and Mars (Mangalyaan) are nowhere in comparison.
• Gaganyaan mission would create 15,000 new employments.