The Union Minister of Science and Technology and Space, Jitendra Singh, said none of the foreign customers has withdrawn or shown any lack of confidence in India as a launch partner.
The insurance companies operating in the Indian space industry are limited. It was only in 2024 that TATA AIG entered the market with its satellite in-orbit third-party liability insurance.
The US Federal Communications Commission website shows that ISRO requested ground support for the Gaganyaan mission. However, the application was withdrawn on 12 January.
ISRO’s second PSLV mission failure in a row comes as global launch services become more competitive, with SpaceX’s reusable rocket and China nearing 100 launches a year.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
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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