Published 18:21 IST, January 31st 2020

ISRO readying for low cost satellite launch vehicles

The Indian Space Research Organisation is readying low-cost satellite launch vehicles costing about Rs 30-35 crore each, which can put into orbit satellites weighing 500 kg.

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Indian Research Organisation is reying low-cost satellite launch vehicles costing about Rs 30-35 crore each, which can put into orbit satellites weighing 500 kg.

first such launch from country is expected to take place in next four months.

This capability will give ISRO a big commercial boost as it will be able to cater to micro, mini and medium segments of market, Haridas T V, Deputy Director, Vikram Sarabhai Centre said, taking part in panel discussions at 'EDGE 2020, Conclave', here on Friday.

" biggest vant is that ISRO w can manufacture se vehicles in a turnaround time of just three weeks," he said.

ISRO has earmarked $1,600 million for launch vehicles, of which $870 million will be for PSLV and remaining for Geosynchrous Satellite Launch Vehicle, he revealed.

ISRO has planned some 500 Polar Satellite Launch Vehicle launches in next five years, a press release quoting Haridas said.

Government Owned Contractor Operated (GOCO) model is picking up very well in and defence sectors.

"We want to lever it to maximum in coming days," he ded.

Earlier, in his keyte dress at session, titled 'Navigating Industry Through Invation, Agility and Collaboration,' Dr Rabin Giles, Director Invation, CNES Connect said re is tremendous scope for cooperation between France and India in development of techlogy.

"India and France can work to set up a model for Moon programme," he said.

Elaborating on cornerstones for a deal, Dr Giles said partnerships are solution.

Next come science, which is DNA and thirdly, connect needed to downstream sector.

Dr Giles said industry is a sector where 'patience and dream' play a big part.

"Invation needs trust and failure is an option" is dictum that he follows when he works with start-ups, said he said ding key factor was trust.

Dr Daniel Baker, Director of Americas LASP Programme, stressed need for students from Universities to take part in research programmes.

In this context he lauded new Park, which will be a launch-p for exploration.

seeds of success will be in replicating success of LASP here, he said.

Collaboration, Invation and Agility are key to a successful programme, said Raqib Islam, UK ncy.

Taking collaboration forward, UK Tre Mission h visited India last week to explore areas of cooperation, he said.

P S R Sastry, Director DSP, Defence Research and Development Organisation said DRDO was trying to make cost- effective techlogies work for m.

Later, in a session titled 'Enablers of Industry Challenges and Insights into Regulations and Policies,' Dr Ranjan Kaul, Partner, Dua Associates, Shri Abhishek Malhotra, MD, TMT Law Practice and Shri Nitin Pai, Co-Founder, Takshashila Institution,concurred on need to encour private sector to play a potent role in country's sector and need for enacting legislation for same.

is an engine of growth. Liberalisation of is needed in national interests, y said, ding that private sector should be allowed in all sectors of industry.

"Treat private and government players on a level playing field," y ded.

18:21 IST, January 31st 2020