Chandrayaan-3
In recent time, successful launch of Chandrayaan-3 is the most celebrated event in India. Success of Chandrayaan-3 is more significant for Indian space programme as it is MADE IN INDIA. India now no more relies on foreign factors to build their own space rockets and satellite. This has provided India a great freedom of exploring its space programs at its own pace at lower cost than earlier, and that is how strong India’s space and defence sector is. With this great ability to make everything inside India, India is at great place which only Russia, America and China used to hold for longest period of time. Let’s understand how ISRO Is able to make Chandrayaan 3 all domestically. There are number of companies who were involved with their respective products and services to build Chandrayaan-3 which are listed on recognized stock exchanges in india. Here is insight of them.
Companies associated with Chandrayaan-3
1. Larson and Tubro
Larson and Tubro (broadly kwon as L&T) is a multinational company which founded in 1938, MUMBAI. L&T focuses on engineering, construction, and technology; it has grown to become one of the largest companies in India, with operations in over 30 countries. The company is known for its expertise in infrastructure projects like roads, bridges, and airports. Company has its involvement in the defence and aerospace industries too. L&T is public listed company and its ticker on NSE/BSE is LT. Company recently declared that it is proud part of Chandrayaan 3 from manufacturing of subsystems till mission trackking.
2. Hindustan Aeronautics Limited (HAL)
Hindustan Aeronautics Limited is a state-owned aerospace and Defence Company which has headquarter in Bangalore, India was founded in 1940. HAL designs and manufactures aircraft, helicopters, engines, avionics, and related systems for the Indian Armed Forces and other customers around the world. The company has played a key role in the development of India’s aerospace and defence industry. HAL supplied several components to the system which were included in Chandrayaan 3.
3. Bharat Heavy Electricals Limited (BHEL)
Bharat Heavy Electricals Limited is a public sector engineering and manufacturing company based in New Delhi, India is in operation since 1964. BHEL specializes in power generation equipment ike boilers, turbines, generators, transmission and distribution systems. BHEL is one of the largest power equipment manufacturers in the world. BHEL supplied the battery integrated in the mission space vehicle.
4. MTAR Technologies
MTAR Technologies is an engineering company that provides mission-critical components and assemblies to customers in the defence, aerospace, and nuclear sectors. Based in Hyderabad, India, MTAR specializes in high-precision machining, fabrication, assembly, and testing services. The company has been in operation since 1970 and has a reputation for delivering complex projects on time and to high-quality standards.
5. Godrej Aerospace
Godrej Aerospace is a subsidiary of the Godrej Group, a diversified conglomerate based in Mumbai, India. Godrej Aerospace specializes in precision components and systems for the defence and aerospace industries, including missile systems, rocket engines, and spacecraft components. The company has been in operation since 1985 and has a strong focus on innovation and technology development. Company is involved in manufacturing of liquid propulsion engines and other components of the space vehicle including Chandrayaan 3.
6. Walchandnagar Industries
Walchandnagar Industries is an engineering and manufacturing company based in Pune, India. Walchandnagar specializes in heavy engineering, including equipment for sugar mills, cement plants, and nuclear power plants. The company is in operation since 1908 and has a record for delivering high-quality products and services to it’s customers around the world. This company has involved in 48 launches of ISRO till now as per the company’s statements. The company has been significantly associated with ISRO.
7. Centum Electronics
Centum Electronics is a technology company that provides electronic systems and solutions to customers in the defence, aerospace, and space industries. Based in Bangalore, India, Centum specializes in areas such as communication systems, radar systems, and electronic warfare. The company was established in 1994 and has a strong focus on research and development. The company is involved in supply of several components to the mission of Chandrayaan 3.
8. Paras Defence and Space Technologies
Paras Defence and sp[ace Technologies is a defence and space technology company based in New Delhi, India. Paras specializes in electronic systems, including communication systems, avionics, and navigation systems. The company founded in 1992 and has a good reputation for delivering high-quality products and services to customers in India and around the world. Company has sign MOU with ISRO for commercialization of certain services.
Conclusion
Defence industry in India is blooming under new policies and easement of business provided by government. Indian space and defence industry is likely to grow significantly and no surprises if India starts exporting defence and space components instead of importing it. Long term investment in such companies can be good option of wealth creation over the period for 10 to 15 years.