India earns $100 million by launching 45 foreign satellites: Government July 23, 2015

India has earned about USD 100 million launching 45 foreign satellites till date and revenue from its commercial space missions is poised to grow with another 28 foreign satellites planned to be put into orbit between 2015 and 2017. This information was given by Science and Technology Minister Jitendra Singh in a written reply in the Lok Sabha on Wednesday while providing details of revenue earned by Antrix — the commercial arm of the Indian Space Research Organisation (ISRO) — from launch of foreign satellites.

Mr. Singh said Antrix has signed agreements for launching 28 satellites of six countries — Algeria, Canada, Germany, Indonesia, Singapore and the US during 2015-17.Until now, 45 satellites from 19 countries have been launched by the ISRO and the income generated through this amounts to around 17 million USD and 78.5 million Euros(85 million USD), he said.

Polar Satellite Launch Vehicle (PSLV). In addition, ISRO also has successfully launched four micro and nano satellites built by students of Indian universities. In future six indigenous satellites are also to be launched by Mach 2016.