Financial Daily from THE HINDU group of publications
Friday, Dec 13, 2002
Financial Daily from THE HINDU group of publications Friday, Dec 13, 2002 |
|
|
|
|
|
Corporate
-
Outlook Antrix Corpn hopeful of Rs 100-cr turnover Our Bureau
HYDERABAD, Dec. 12 WITH an increasing global presence and customer base, Antrix Corporation, the commercial arm of the Department of Space (DoS), is hopeful Rs 100-crore business turnover during fiscal 2002-03. The corporation, with the mandate to commercialise space capabilities starting from designing satellites to marketing space-based data products, achieved a 40-per cent growth during fiscal 2002 over the previous year, to reach a turnover of Rs 65 crore. According to Mr R.L.N. Murthy, Manager, Business Development, with the exception of Africa, India today has presence in all the other five continents through 20 international ground stations to receive Indian remote sensing satellite data. At any given time, 15 of these are active and receive data. There are three in US and two in Russia, while the others are in Japan, Thailand, South Korea, Australia, Dubai, Germany and Spain. The latest additions since June this year were Argentina, Myanmar and Iran, Mr Murthy, here in connection with an Indo-Russian GIS industry (IRF-GEO) meet, told Business Line. Antrix Corporation is offering expertise to countries to take up on a turnkey mode the design, development and delivery of satellites with a choice of payloads such as remote sensing, communication, meteorology or scientific. Research. While, it has the launch capability for satellites of less than 2 tonnes through the Polar Satellite Launch Vehicle (PSLV), in the case of heavier satellites, it had tied up with global launch companies to offer the service to potential customers, he said. In the remote sensing area, where the satellites are normally less than 1,250 kg, the corporation offers a total package from designing to marketing data products at competitive rates.
Send this article to Friends by
E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|