Cabinet okays Rs 4k cr third launchpad
The Union Cabinet has approved the construction of a third launch pad at Isro's Satish Dhawan Space Centre in Sriharikota. Estimated at Rs 3,984.8 crore, this new pad will enhance India's space capabilities, supporting future human spaceflight missions and advanced launch vehicles. Completion is expected within 48 months.
Cabinet Approves Rs 4,000 Crore for Third Launchpad
In a significant development for the Indian space sector, the Cabinet has officially approved an investment of Rs 4,000 crore for the construction of a third launchpad. This strategic move aims to bolster the capabilities of the Indian Space Research Organisation (ISRO) and propel the nation's ambitions in space exploration and satellite launching missions.
Enhancing India’s Space Infrastructure
The implementation of this new launchpad is expected to greatly enhance India’s space infrastructure, allowing for simultaneous launches and reducing waiting times between missions. With the increasing demand for satellite launches, both from domestic and international clients, this initiative represents a critical step towards strengthening India's position in the global space market.
Significance of the Third Launchpad
The addition of a third launchpad will not only increase ISRO's launch capacity but also provide significant economic benefits. It is anticipated to create thousands of jobs and generate numerous opportunities in the aerospace sector, contributing to the overall growth of the Indian economy. Moreover, the new facility will enable India to carry out more complex missions, thereby positioning the country as a leader in innovative space technologies.
Future Prospects for ISRO
Looking ahead, this investment aligns with India's ambitions to increase its footprint in space exploration. The launchpad will support various missions including satellite launches for communication, earth observation, and scientific research. Such advancements will also facilitate partnerships with other nations, thereby enhancing India’s collaborative efforts in space missions.
In conclusion, the Cabinet's decision to allocate Rs 4,000 crore for the establishment of a third launchpad marks a transformative step in India's space capabilities. This move is expected to empower ISRO in achieving its long-term goals of innovation and expansion in space exploration.
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