Between this year and 2021 the Indian Industry may get orders worth Rs 9000 crores from the Indian Space Organisation as they are required to put nearly 60 satellites into orbit riding on 30 PSLVs and 10 GSLVs rockets.
So ISRO wants the Indian industries to take over the responsibilities of developing and manufacturing rockets and satellites so that it can focus on its core competency.
Therefore the defence Public sector major Bharat Electronics Ltd (BEL) is planning to grab as much out of this pie worth Rs 9000 crores. This is the type of opportunity the Indian Space Research Organisation (Isro) is opening up for the industries in the next few years.
BEL a major missile producer is already working in strategic areas like homeland security solutions, smart cities, cyber security, unmanned systems, satellite integration and composites in line with the emerging needs of the customers, said M V Gowtama, Chairman & Managing Director of BEL in a communication to the shareholders.
BEL said that it is exploring collaboration with the ISRO, leveraging their technological capabilities in design and development of various products/systems like GSAT Terminals, NavIC Rx, Hubs etc in the Space sector for possible use in defence and Central Police applications.
BEL has already tied up with ISRO for manufacturing of multi-junction solar cells for space application. The capacity of the plant will be about 60,000 cells per annum.
ISRO is also collaborating with BEL for satellite assembly, integration and testing.
ISRO’s Satellite Centre (ISAC) signed agreements with BEL, Tata Advanced Systems Ltd (TASL) and with a consortium led-by Alpha Design Technologies Pvt Ltd, to assemble satellites.
Each of these companies will assemble at least three satellites over the next three years.
