India offers to launch satellite for South Korea

Discussion in 'Economy & Infrastructure' started by Yusuf, Mar 25, 2012.

  1. Yusuf

    Yusuf GUARDIAN Administrator

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    Good to see India promoting business on sidelines of other conferences.

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    SEOUL: Seeking to enhance ties with South Korea, India today offered to launch a satellite for Seoul and invited its businesses to invest in the country, particularly in the infrastructure sector.

    "I offered to launch Korean satellite on Indian space launch vehicle," Prime Minister Manmohan Singh said at a joint press briefing with South Korean President Lee Myung-Bak after bilateral talks.

    The two leaders expressed happiness over the increase in the bilateral trade following the signing of Comprehensive Economic Partnership Agreement last year and set a target of achieving $40 billion trade by 2015.

    Singh also invited South Korean companies to invest in a big way in the infrastructure sector in India.

    The two sides also signed an agreement on simplifying visa procedures for the business community.

    Singh also sought Seoul's support for India's effort to be a member of the Nuclear Suppliers Group, Australia Group and the Wassenaar Arrangement

    Singh said India has also decided to post a defence attache at its embassy in Seoul.

    The move comes in the wake of South Korea's desire to enhance defence cooperation with India.

    Ahead of his talks with President Lee, Singh laid a wreath at the Memorial Tower at the National Cemetery.

    Singh arrived here yesterday for a four-day visit to attend a Nuclear Security Summit here. The two-day summit begins tomorrow when world leaders will meet at over dinner.

    Tuesday would see packed sessions on the theme 'Beyond Security Towards Peace' where Singh is expected to unveil steps conceived by India to tackle challenges of nuclear terrorism

    http://m.timesofindia.com/PDATOI/articleshow/12400527.cms
     
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  3. GUNS-N- ROSES

    GUNS-N- ROSES Regular Member

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    the world knoes the relaibility and cost effectiveness of our PSLV programme. we need to aggressively market these launchers.
     
    indian_sukhoi likes this.
  4. indian_sukhoi

    indian_sukhoi Regular Member

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    Agreed, ISRO is quite reliable and cheap compare to others!

    Could launch a few foreign satellites until SpaceX comes in.

    In coming days, Privatisation of Space Transport would become realistic. When the Falcon-9 vehicle is operational, Everyone will be looking to contact SpaceX. US could earn lot of money on this.



    Check this out
    http://defenceforumindia.com/forum/...alcon-heavy-world-s-most-powerful-rocket.html
     
  5. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    For that we need an aggressive manufacturing to back it up :sad:
     
  6. GUNS-N- ROSES

    GUNS-N- ROSES Regular Member

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    i do agree wid u. after success of PSLV programme we expected ISRO to be more aggressive in marketing its launchers but that has not been the case. the manufacturing has not kept pace. we need to step up additional manufacturing capability if we want to really eat a major pie of commercial satellite launch market.

    one cant sit on exisiting set up and hop to compete in this over congested and highly competetive market.
     
  7. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    But what to do, our Netas waste all our money in populist non sense instead of investing in something useful like manufacturing plants.

    by now, after demonstrating the effectiveness of the PSLV, we should be theoretically ruling the satellite market, but here we are crawling for space.
     
  8. Yusuf

    Yusuf GUARDIAN Administrator

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    The bigger contracts are taken by the western nations. They can easily blackmail other nations by NOT launching bigger satellites that require bigger launchers if they don't launch smaller satellites with them. Until our GSLV becomes a success, we will not be able to dominate the space launch market.
     
  9. GUNS-N- ROSES

    GUNS-N- ROSES Regular Member

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    exctly my thoughts. we need our GSLV to succeed and become cost effective as PSLV then we can be more aggressive.
     

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