ISRO signed 6 agreements with 4 countries to launch foreign satellites

Minister of State for Atomic Energy and Space Dr. Jitendra Singh has said that Indian Space Research Organisation (ISRO) has signed six agreements with four countries for launching foreign satellites during 2021-2023. In a written reply to a question in the Rajya Sabha, Dr Singh said that about 132 Million Euros will be earned through launching of these foreign satellites on a commercial basis. The Minister said, starting from 1999, a total of 342 foreign satellites belonging to 34 countries have been successfully launched on a commercial basis. 

"ISRO through its commercial arm, New Space India Limited (NSIL), a Government of India company under Department of Space (DOS), has been launching satellites belonging to other countries on-board Polar Satellite Launch Vehicle (PSLV), on a commercial basis," Singh said. A total number of 124 indigenous satellites have been put into Earth's orbit including 12 student satellites.The type of foreign satellites that were launched through Indian Launch Vehicle includes satellites primarily for Earth Observation, Scientific and Technology demonstration purposes, he added