This is the first time ISRO was putting into orbit a two-tonne class satellite.\n\n
A failure analysis committee has been set up to study the recent mishap.
ISRO will build an identical GSLV and a satellite similar to INSAT-4C for a launch in June next year.
K Narayana, former director of SDSC-SHAR and currently senior advisor to the Centre, will chair the 15-member panel
INSAT-4CR is similar to INSAT-4C, which was lost during the unsuccessful launch last year.
The Indian Space Research Organisation is set to rake in a revenue of about Rs 1,250 crore (Rs 12.5 billion) with the launch of INSAT-4B satellite as transponders are fully booked on the back of booming demand for Direct-To-Home services.
The non-availability of transponders on satellites has hit the expansion plans of not only existing direct-to-home players such as DD Direct Plus and Dish TV but also new entrants such as Sun Direct, Reliance Bluemagic and the Bharti group.