ISRO

Remember that before you make a purchase decision, because, you know, if you have a cousin in the US, you can ask them to buy their iPhone when they're on the way to India.

it's cheaper there or just don't buy buy a refurbished phone or try to make your existing devices last longer now coming to india of course this app this is called this week in tech india there's been a bit of news this week about space and space tech in india particularly the isro now a couple of weeks back it was reported that the isro is no longer going to make launch vehicles rockets basically this week Thousands of employees which are represented by employee organizations actually wrote a letter to the ISRO chairman and Department of Space Secretary asking what is the future role of the ISRO because it is...

And I'll tell you why it's such that ISRO is not going to make rockets anymore.

Because India's space agency, the ISRO, is one of the most commendable, highest achieving space agencies in the world.

I mean, they have the cheapest mission to Mars, for God's sake.

And they built the launch vehicle.

And privatization or part privatization of launch vehicles started only six years ago.

Only a couple of weeks back, it was announced that ISRO will no longer manufacture launch vehicles.

But without a starting point, the mere conviction to enter wouldn't have existed either.

Sundram's strength is fastener engineering and metal forming, which has allowed it to extend into wind energy, aerospace, and railway applications, supplying customers like GE Aviation, HAL, and ISRO.

While Mothersan applies tooling, wiring, structures, and plastics, which were developed for automotive interiors, to aircraft electrical systems and medical device assemblies.

So these companies aren't building capabilities entirely from scratch.

[upbeat music] In today's episode, we'll do one deep dive and cover another story for the day.

First, we'll talk about the logic behind ISRO and DRDO's tech transfers, then we'll talk about India's changed CCTV rules.

Welcome back to The Daily Brief by Zerodha, where we cut through the noise to help you understand what's actually happening in the most important stories from business and markets.

I'm your host, Akshara.

That's more or less what's happening inside DRDO right now.

So, the Defense Ministry has cleared the transfer of technology for all conventional missile systems to Indian companies so they can manufacture missiles at scale rather than DRDO doing it alone.

ISRO has also been walking the same road for a while, and the Indian Space Policy 2023 explicitly tells ISRO to step back from manufacturing space systems it has already mastered, and instead hand them over to industry to build and sell.

Take, for example, the SSLV, ISRO's compact rocket for small satellites.

That is the fiction point over at the Indian Space Research Organization right now.

According to The Telegraph India, nine different ISRO employee associations have just formally written to chairperson V. Narayan.

Essentially demanding to know if their jobs are being privatized out from under them.

Yeah.

And this entire panic was triggered by a public speech.

Pawan Goenka, the chair of InSpace, which is the government agency regulating private space operations, stated publicly that ISRO will eventually stop manufacturing launch vehicles.

Wait, stop entirely?

That's the plan.

And also, if we have time, you have made a discovery.

about new gravitational formulas, which they may be magnitudes more accurate than Newton's formulas, and were actually utilized by the Indian Space Research Organization in their endeavors to the moon.

So this is fascinating.

Before we get into this, remind the audience just a bit about yourself and your contributions to the world of C60 oils, and we'll get into a little bit of the benefits of that as well before we get too deep into these topics.

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And you remember that there was a big race for the moon here recently, last year.

And it's actually a moral lesson because the first one was the Indians lost their Chandra 3 probe, which I was actually, well, actually what happened is it was, I think, in March of last year or May of last year, probably, I think it was May, is that their I-space had sent their probe to the moon and it had crashed.

And, and, and iSpace is a private Japanese company, but it kind of works with the Japanese government, the US government, you know, there's kind of a public private partnership there.