NEW DELHI: Antrix, the commercial arm of the Indian Space Research Organisation, has earned Rs 4,408.07 crore since 1992 through various satellite launch missions by providing services on commercial basis.

These services include marketing and direct reception of data from Indian Remote Sensing Satellites to national and international clientele and leasing of satellite transponders on-board INSAT/ GSAT satellites.

In addition, ISRO has launched 40 satellites of 19 foreign countries on commercial basis under contract between respective foreign customers and Antrix and generated income of € 50.47 million and US $ 17.17 million. 

Minister of State for Department of Space Jitendra Singh told Parliament today that the future course of action plan includes expanding the data and direct reception services of Indian Remote Sensing Satellites to international clientele, enhancing leasing of satellite transponders to Indian customers, increasing launch services for foreign satellites on-board Indian launch vehicles, and enhancing marketing of satellites and sub-systems.