For Every ₹1 Spent By ISRO, India Gets ₹2.5 Back," Says ISRO Chief

04:45 PM Nov 15, 2024 | G Plus News

 

GUWAHATI: A recent study by ISRO has revealed that for every rupee invested in the space agency, society receives a return of ₹2.50 said ISRO Chief S Somanath.

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Somanath emphasised ISRO's commitment to serving the nation rather than competing for global supremacy. To achieve this, the agency requires the freedom to pursue its goals and create a robust ecosystem for space technology businesses.

Going to the moon is a costly affair and we cannot depend only on the government for funding. We must create business opportunities. If you have to sustain it, you have to create a use for it. Otherwise, after we do something, the government will tell you to close down, said Somanath.

He also emphasised that ISRO does much more than space exploration.