By Sruthi Gottipati NEW DELHI (Reuters) – Newly elected Prime Minister Narendra Modi made a pitch for India to be the world’s low-cost space technology supplier after witnessing the launch of a rocket carrying five satellites from France, Singapore, Germany and Canada on Monday. The Polar Satellite Launch Vehicle’s mission bolstered India’s goal of capturing a large slice of the global satellite launch industry, estimated to be worth around $55 billion over the next decade. Deviprasad Karnik, spokesman for the Indian Space Research Organisation, said all five satellites had been placed in orbit. Modi said India’s space programme put it in an “elite global group of five-six countries today.
Source: https://in.news.yahoo.com/modi-pitches-frugal-space-prowess-rocket-launch-062713417.html