Govt allocates Rs 10,900 cr for development of 40 satellite launch vehicles in next 4-years: ISRO Chairman

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Jan 07, 2019

8:03AM

Govt allocates Rs 10,900 cr for development of 40 satellite launch vehicles in next 4-years: ISRO Chairman

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Indian Space Research Organisation (ISRO) Chairman Dr K Sivan has said that the Union Government has allocated 10,900 crore rupees for the development of 40 satellite launch vehicles in the next four years. He was delivering the graduation Day lecture at the historic St Joseph’s College, Trichy, Tamilnadu, which is celebrating its 175th anniversary.

Dr Sivan said that Chandrayan Mission will be launched within three months. It will land in one part of the Moon which is still unexplored. He also said that the human space flight Gaganyaan is planned to be launched by 2022, the 75th anniversary of Independence.

Pointing out that the Centenary year celebrations of ISRO founder Dr Vikram Sarabhai will be held next year, Dr Sivan said that ISRO will rededicate itself to become a world class organization, capable of addressing the varied socio economic challenges of the nation.

He further said that as a part of the celebrations, Space Technology Incubation Centres will be set up in different parts of the country, including Trichy.