Neha Nagar Explains How India's Chandrayaan 3 Mission Opens Doors to Satellite Business

With India's recent launch of Chandrayaan 3, Neha Nagar brings attention to the potential investment opportunities in the satellite business. As Indians celebrated this proud moment, Neha raises the question of how individuals can actively participate and invest in ISRO (Indian Space Research Organisation).

Invest in Space?:

Neha sheds light on how the government does not solely fund ISRO projects. She introduces Antrix and NSIL, two commercial entities under ISRO that generate profits by launching commercial satellites. Surprisingly, these entities are public sector undertakings (PSUs). Neha explains that if the government requires additional funds, they can opt for an initial public offering (IPO) of these companies. Furthermore, ISRO's establishment of the IN-Space agency allows private companies, such as Skyroot, to launch their satellites, opening up even more investment opportunities.

The evolving satellite business:

Inviting individuals to share this information with those interested in space exploration, Neha emphasizes the vast potential for investment in this rapidly evolving industry. By investing in the satellite business, individuals can contribute to the advancements in space technology and be part of India's space journey.

She also mentioned how China invested 1200 crore, and the US invested 825 crore for their moon missions. India's investment in Chandrayaan 3 project stood at 615 crore.

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Neha's insights create curiosity about the exciting possibilities in the satellite business and encourage individuals to explore the investment opportunities available. As space exploration continues to capture the world's imagination, investing in this sector can offer both financial returns and the satisfaction of contributing to groundbreaking research and technological advancements.

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