The commercial benefits of ISRO sending Chandrayaan 3 are not immediately obvious, but there are a number of potential long-term benefits.
What are the benefits of launching Chandrayaan-3
Increased technological expertise. The success of Chandrayaan 3 would demonstrate India's technological prowess in space exploration, which could lead to increased investment in the Indian space industry. This could create new jobs and opportunities for Indian businesses.
New scientific discoveries. The scientific experiments conducted by Chandrayaan 3 could lead to new discoveries about the Moon, which could have commercial applications. For example, research into the Moon's potential resources, such as water ice, could lead to new industries in space mining and exploration.
Improved international cooperation. The success of Chandrayaan 3 could help to improve India's international standing in the space community. This could lead to increased cooperation with other space agencies, which could open up new opportunities for Indian businesses.
In addition to these potential benefits, the success of Chandrayaan 3 would also be a major morale boost for India, and could help to inspire the next generation of scientists and engineers.
Here are some specific examples of how the commercial benefits of Chandrayaan 3 could manifest:
New space mining and exploration companies could be formed to exploit the Moon's resources.
New technologies developed for Chandrayaan 3 could be used in other industries, such as healthcare or manufacturing.
India could become a major player in the global space industry, attracting investment from foreign companies.
The full extent of the commercial benefits of Chandrayaan 3 is still unknown, but the potential is significant. The success of this mission would be a major milestone for India, and could have a positive impact on the Indian economy for years to come.
What was the budget of Chandrayaan-3 in Indian rupees
The budget of Chandrayaan-3 was Rs 615 crore (approximately $75 million). This is a relatively low budget for a lunar mission, and it is one of the reasons why Chandrayaan-3 is considered to be one of the most cost-effective space missions in history.
The budget for Chandrayaan-3 was allocated by the Indian government in 2019. The mission was launched on July 14, 2022, and it is expected to soft-land on the Moon on August 23, 2022.
The budget for Chandrayaan-3 was used to develop and launch the mission's three main components: the orbiter, the lander, and the rover. The orbiter will orbit the Moon for at least a year, while the lander and rover will conduct scientific experiments on the lunar surface.
The budget for Chandrayaan-3 was also used to develop the ground infrastructure needed to support the mission. This includes the ground stations that will track the spacecraft and the data centers that will store and process the scientific data.
The success of Chandrayaan-3 would be a major milestone for India's space program. It would demonstrate India's ability to successfully soft-land on the Moon, and it would pave the way for future lunar missions.