Indian space sector opens to the private sector
Godrej Aerospace, the aerospace and defence business of Godrej & Boyce, sees significant opportunities to capture from the opening of the Indian Space sector to more participation by the private sector.
“We believe that ISRO’s future space missions and their call for more private sector participation in Space will ensure better opportunities for Godrej Aerospace to showcase its engineering and manufacturing excellence and thereby continue to drive self-reliance in this strategic area,” S M Vaidya, EVP & Business Head, Godrej Aerospace, said on 18 Nov 2020.
“The successful launch of ISRO’s PSLV carrying 10 satellites was a special occasion as ISRO overcame many constraints during the pandemic to enable this launch,” said Vaidya, congratulating ISRO on its recent launch.
Satellites from other countries joined ISRO’s earth observation satellite (EOS-01) launch, using Polar Satellite Launch Vehicle (PSLV-C49), from the Satish Dhawan Space Centre in Andhra Pradesh on 7 November 2020.
Godrej Aerospace played a key role in the first satellite launch after the COVID-19 pandemic began, by manufacturing the Vikas engine which is used to propel the second stage of the rocket.
This was the 51st mission for ISRO’s PSLV as this launch vehicle continues to cement its reputation globally as one of the best rockets in its category, and is known for its reliability.
Godrej Aerospace has been partnering with ISRO for over 30 years to manufacture complex systems such as the liquid propulsion engines for PSLV and GSLV rockets, thrusters for satellites, and antenna systems.
Godrej Aerospace has also played an integral part in the Chandrayaan and Mangalyaan missions to the Moon and Mars respectively and has been proudly committed to the cause of driving indigenous manufacturing for India’s space programs which are key to propel India’s technological prowess on the global stage.
Godrej & Boyce has diversified into 14 businesses across various sectors from Security, Furniture, Aerospace to Infrastructure and Defence. Godrej is one of India’s most trusted brands serving over 1.1 billion customers worldwide daily. #ISRO #space #technology #investment /fiinews.com
