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Chandrayaan-3 Less Expensive Than Previous Version: How ISRO Funds its Most Ambitious Projects

Chandrayaan 3 less expensive than Chandrayaan 2; how ISRO funds most ambitious projects; despite small budget ISRO produced effective missions Chandrayaan Gaganyaan Mission Mars without compromising on quality resources supplies; India ambitious Chandrayaan 3 spacecraft lifted off July 14 powerful new launch vehicle Launch Vehicle Mark III LMV3 Satish Dhawan Space Centre Sriharikota; spacecraft touch down moon surface August 23; despite small budget ISRO produced effective missions without compromising quality resources supplies; mission to the moon India cemented position space exploration successful Mars Mission sun mission Gaganyaan; India plans big space projects coming years budget department of space DoS valuation of space launches private players space technology even more important funding ISRO projects; latest news on news18.com; Harshika Yadav ....

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ISRO's NewSpace India Ltd to invest Rs 10,000 Cr in 5 years


ISRO s NewSpace India Ltd to invest Rs 10,000 Cr in 5 years
ISRO s commercial arm, NewSpace India Limited, launched its first dedicated commercial mission on February 28, carrying Brazilian satellite Amazonia-1.
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ISRO s commercial arm NewSpace India Limited (NSIL) on Friday said it was looking at
investing approximately Rs 10,000 crore over the next five years and a manpower requirement of 300 people as it plans to scale up operations.
[ Image Credit: ISRO Official Twitter]
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NSIL, incorporated as a wholly government owned Central Public Sector Enterprise (CPSE) with a paid-up capital of Rs 10 crore on March 6, 2019, would
raise Rs 2,000 crore a year through a mix of equity and debt, Chairman and Managing Director G Narayanan told reporters here. ....

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