Antrix revenues at Rs 400 cr, ISRO expects to maintain growth

Antrix Corporation, the commercial wing of Indian Space Research Organisation (ISRO) would earn Rs 400 crore this year through launching satellites for other countries and selling space products.

The space agency’s commercial arm has roughly about 25 per cent growth over the last year.

“For this year, Antrix’s total turnover is roughly about Rs 400 crore. Out of which Rs 200 crore comes from launch vehicle area and remaining from space products, including the transponders we are leasing and the images we are sending,” ISRO Chairman G Madhavan Nair told a news agency here.

The space agency expects that it would maintain “more or less similar growth in the coming year as well.”

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