Backed by foreign investors, the PixxelSpace-led consortium didn't seek any govt funding for the project. It is 'a missed opportunity' for them, say smaller players.
Consortium will invest over Rs 1,200 cr over 5 yrs to launch a constellation of 12 EO satellites in what is being billed as coming of age of India’s private space industry.
Gujarat will focus on manufacturing of satellites & payloads, Tamil Nadu on launch vehicles, and Karnataka will look at the overall manufacturing and assembling.
AICTE & IN-SPACe have launched a model curriculum for a minor degree, which will train students in space tech, spacecraft systems & engineering, and launch vehicle design.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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