• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Invest Now master your money
Moneycontrol

Home » News » Economy

Feb 16, 2017, 10.40 AM | Source: PTI

India emerges as 'key player' in global space race: int'l media

ISRO's Polar Satellite Launch Vehicle PSLV-C37 injected India's weather observation Cartosat-2 Series satellite and 103 nano satellites, including 96 from the US, into orbit after a textbook lift-off from Sriharikota space centre.

Like this story, share it with millions of investors on M3

India emerges as key player in global space race: intl media

ISRO's Polar Satellite Launch Vehicle PSLV-C37 injected India's weather observation Cartosat-2 Series satellite and 103 nano satellites, including 96 from the US, into orbit after a textbook lift-off from Sriharikota space centre.

Post Your Comments

Share Cancel

| 1 Comments
India emerges as key player in global space race: intl media
India has emerged as a "key player" in a growing global commercial market for space- based surveillance and communication, world media commented today after the country scripted history by successfully launching 104 satellites using a single rocket.

ISRO's Polar Satellite Launch Vehicle PSLV-C37 injected India's weather observation Cartosat-2 Series satellite and 103 nano satellites, including 96 from the US, into orbit after a textbook lift-off from Sriharikota space centre.

The launch was "another success for the Indian Space Research Organisation, which is rapidly gaining a reputation globally for its effective yet low-cost missions," The Washington Post said, noting that India has already sent up dozens of satellites, including 20 at once last year.

The New York Times said that by sending a flock of 104 satellites into space within minutes, nearly tripling the previous record for single-day satellite launches and establishing India as a "key player" in a growing commercial market for space-based surveillance and communication.

"The launch was high-risk because the satellites, released in rapid-fire fashion every few seconds from a single rocket as it traveled at 17,000 miles an hour, could collide with one another in space if ejected into the wrong path," the paper noted.

"Forget the US versus Russia. The real space race is taking place in Asia," CNN commented.

London's Times newspaper reported that by today's feat, India has reinforced its ambition to join the elite space- faring nations.

Many of India's landmark missions have cost far less than their equivalents in Russia, Europe and the US. Isro's Mars mission cost USD 73 million, compared with Nasa's Maven Mars launch, which came in at USD 671 million, the British paper pointed out.

UK's Guardian newspaper, commented that the record- breaking space launch will help India to cement its place as a serious player in the burgeoning private space market.

"India, which became just the sixth nation to launch its own rocket in 1980, has long made space research a priority.

The Indian government has increased the budget for its space programme this year and also announced plans to send a mission to Venus," the British paper said.

The BBC, quoting observers, said today's space success was a "sign that India is emerging as a major player in the multi-billion dollar space market." "The successful launch is yet another feather in the cap of India's ambitious space programme that has earned a reputation of offering a reliable low cost alternative to existing international players," it said.

Over the past two decades, India has become a key player in the lucrative commercial space market offering a low-cost alternative, the British public broadcaster said.

China's state-run media took note of India's success in the space sector.

"India created history by successfully launching 104 satellites in a single space mission, breaking the previous record of 37 satellites launched by Russia in 2014, Xinhua news agency reported.

Buy, Hold, Sell ? Hear it first on M3
India emerges as key player in global space race: intl media

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login