Antrix of ISRO Logs Revenue of US $ 500 Mln (Rs 800 Cror) over Seven Year Period

Related Articles

• NBCC SECURES RS. 463 CR ORDER FROM IIM VISAKHAPATNAM 0 29.Mar
• CWC CELEBRATES INDEPENDENCE DAY
• Oil tanker operators again suspend supplies to Kashmir Valley

---

By TN Ashok / Science Editor

New Delhi, November 26: Antrix, the commercial arm of India’s space agency Indian Space Research Organisation (ISRO) logged a revenue of a near Rs 800 crore (about US $ 500 million) over a seven year period commencing in 2007-08.

In the 12^th five year plan period alone so far, Antrix earned a revenue of Rs 286.27 crore from commercial launches of satellites from different countries through its various space stations and launching pads spread through the country.

In 2013-14 financial year alone, ISRO earned a revenue of Rs 175 crore, the Lok Sabha was told today in a written reply by the Minister of State in the Ministry of Personnel, PG & Pensions and in the Prime Minister’s Office Dr. Jitendra Singh.

Commercial projects launched by Antrix Corporation Limited (during 11^th plan and ongoing 12^th plan) in collaboration with global space companies include building and delivery of two Communication Satellites namely (i) “W2M” Satellite for M/s. EUTELSAT, Paris and (ii) “Hylas” Satellite for M/s. Avanti Plc, UK in commercial partnership with M/s. EADS Astrium (presently, Airbus Defence and Space), a leading global aerospace company.

The Minister listed the achievements of Antrix Corporation Ltd (ACL) in commercial exploitation of space technology during 11^th plan and ongoing 12^th plan periods as :

1. Launch services for 34 Satellites from 15 Countries on-board ISRO’s Polar Satellite Launch Vehicle.
2. Built and delivered two Communications Satellites for international customers, viz., “W2M” Satellite for M/s. EUTELSAT, Paris; and, “Hylas” Satellite for M/s. Avanti Plc, UK.
3. Built, launched and operationalised a communication satellite (GSAT-7) for strategic users in the country.
4. Leasing of communication transponders of Indian INSAT/ GSAT satellites as well as of foreign satellites for Direct-To-Home television broadcasting, Data Networking, Financial Services, Telephony, etc., to Government, strategic and private users.
5. Marketing of data from Indian Remote Sensing satellites (RISAT-1, Resourcesat-2, Oceansat-2, Cartosat-2 and     Cartosat-1) to international customers through establishment of ground stations and data processing facilities, as well as data reseller network.
6. Mission Support Services to Intelsat (USA), CNES, (France) and DLR (Germany) using ISRO’s Telemetry, Tracking and Command Network.
7. Supply of Ground Equipments for tele-education, tele-medicine; Automatic Weather Stations, reception of high-resolution remote sensing data by strategic sector and reception of satellite data for meteorological applications.
8. In terms of revenue, the total revenue during 11^th plan was      ` 3492.53 Crores and during the first two years of 12<sup>th</sup> plan (2012-14) was ` 1394.13 crores.

The Foreign Exchange earned from Commercial Exploitation of Space Technology during the said period, year-wise, is as under:

Sl.No.	Year	(in lakh)	Equivalent of USD (in lakh)	Equivalent of EURO (in lakh)
1	2007-2008	12679.57	205.60	8.94
2	2008-2009	14031.38	244.28	24.12
3	2009-2010	13228.97	121.59	59.11
4	2010-2011	8077.64	179.98	40.86
5	2011-2012	3135.54	21.99	6.29
	11th Five Year Plan Total	51153.1	773.44	139.32
1	2012-2013	11157.01	39.90	130.97
2	2013-2014	17470.66	55.78	175.98
	12th Five Year Plan Total	28627.67	95.68	306.95
	Grand Total	79780.77	869.12	446.27