India News | Chandrayaan-3 Success Harbinger of Exciting Opportunities for Private Players: Space Industry

Get latest articles and stories on India at LatestLY. India's space industry on Wednesday lauded ISRO for the successful touchdown of Chandrayaan-3 mission's Vikram lander on the Moon and described it as a harbinger of exciting opportunities for private players in the sector.

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New Delhi, Aug 23 (PTI) India's space industry on Wednesday lauded ISRO for the successful touchdown of Chandrayaan-3 mission's Vikram lander on the Moon and described it as a harbinger of exciting opportunities for private players in the sector.

The industry also said the success of Chandrayaan-3 was an important step forward in space exploration and also aimed at establishing enduring structures on the Moon.

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"It is also a harbinger of exciting opportunities for private players. It not only encourages the development of the lunar space economy but also signals a major change," Lt Gen A K Bhatt (retd), the director general of the Indian Space Association, which represents the private space sector companies, told PTI.

He noted that many other private companies such as Larsen & Toubro (L&T), Walchandnagar Industries, Centum Electronics, Godrej & Boyce, and Ananth Technologies contributed to the successful launch and landing of Chandrayaan-3 and other ISRO missions for many years.

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Subba Rao Pavuluri, Chairman-cum-Managing Director of Ananth Technologies (ATL) thanked ISRO for the opportunity given to the company to manufacture several mission-critical systems for the Chandrayaan-3 programme.

The Hyderabad-headquartered ATL has successfully delivered several critical systems for Chandrayaan-3, including telemetry and telecommand systems, power management systems, and the DC-DC converters essential for the mission's success.

"The systems supplied by ATL have consistently demonstrated excellent quality, resulting in their outstanding performance during mission operations," Pavuluri said.

Semiconductor Laboratory (SCL), a PSU under the Ministry of Electronics and Information Technology, has also contributed to the successful launch of the Chandrayaan-3 mission, an official said.

He said the SCL fabricated Vikram Processor (1601 PE01) for LVM3 launch vehicle navigation and CMOS Camera Configurator (SC1216-0) flown onboard for Vikram Lander imager camera.

L&T, which has been a leading vendor for the country's space programme, also congratulated ISRO on the success of Chandrayaan-3.

"Our shared journey of over five decades with ISRO symbolises the relentless pursuit of innovation and excellence in technology. Today's achievement is a testament to India's prowess in space research and our nation's determination to carve a niche on the global frontier. We're immensely proud to have been a part of this monumental mission," S N Subrahmanyan, the CEO and managing director of L&T said.

Rishi Ahuja, the founder of Klip VR Immersive Technologies Pvt. Ltd said, "We are thrilled and congratulate ISRO and the Indian government for the historic landing of Chandrayaan-3 on the Moon."

"Inspired by the Chandrayaan mission, we are running a unique and groundbreaking Chandrayaan-VR programme offering school students an immersive experience, enabling them to experience India's remarkable Moon Mission through virtual reality."

"The milestone 'India is on the Moon' by Chandrayaan-3 will be recorded in history as one of India's biggest achievements. It will help India in establishing itself as a global leader in the space industry,” Agendra Kumar, the managing director of Esri India said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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