The Union Minister of Science and Technology and Space, Jitendra Singh, said none of the foreign customers has withdrawn or shown any lack of confidence in India as a launch partner.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 However, the application was withdrawn on 12 January.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.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
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