India earns USD 143 Million by launching foreign satellites from 2015 to 2024

Prameyanews English

Published By : Chinmaya Dehury | March 14, 2025 3:03 PM

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New Delhi, March 14: India generated a revenue of USD 143 million through the launch of foreign satellites between 2015 and 2024, Union Minister of State for Space, Jitendra Singh, informed the Lok Sabha.

From January 2015 to December 2024, a total of 393 foreign satellites, along with three Indian customer satellites, were launched commercially using ISRO’s PSLV, LVM3, and SSLV launch vehicles, the ministry disclosed in a written response to the Lok Sabha.

Since 2014, India has launched satellites for 34 countries, including several developed nations. Out of the 393 foreign satellites launched, 232 were for the United States, 83 for the United Kingdom, 19 for Singapore, 8 for Canada, and smaller numbers for countries like Korea, Luxembourg, Italy, Germany, Belgium, Finland, France, Switzerland, the Netherlands, Japan, Israel, Spain, Australia, the UAE, and Austria.

As of now, India has signed space cooperation agreements with 61 countries and five multilateral organizations. Key areas of collaboration include satellite remote sensing, satellite navigation, satellite communication, space science, planetary exploration, and capacity building, the minister added in a separate response to the Lok Sabha.

India has firmly established itself as a prominent space power, marked by a series of successful missions. In 2023, India achieved remarkable milestones with the successful soft landing of Chandrayaan-3 on the Moon’s South Pole and the success of Aditya-L1, the country's first solar mission.

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