The financial year 2018-19 saw a Rs 91.63 cr spike in India’s foreign exchange earnings from launch of foreign satellites.
During the fiscal 2018-19, the launch income was Rs 324.19 crore up from Rs 232.56 crore earned in 2017-18.
Contracts with 10 countries namely the US, the UK, Germany, Canada, Singapore, The Netherlands, Japan, Malaysia, Algeria and France were signed in the last five years under commercial arrangements.
In a reply to a question raised in Rajya Sabha, Union Minister for Atomic Energy and Space Jitendra Singh gave the data on Thursday.
ISRO Chairman K Sivan said Indian rocket Polar Satellite Launch Vehicle (PSLV) has lifted a total of 52.7 ton till date and out of that 17 per cent consists of customer satellites.
India has till date put into orbit 319 foreign satellites