The earth observation satellite would provide real-time images of the country and also be able to quickly monitor natural disasters.
A memorandum of understanding to this effect was signed on Wednesday.
'China pumps in a lot more money than what we do. China's space budget is close to $5 billion while it is hardly $1 billion for us.' 'We manage the programmes within the constraints of our budget. The main difference is we prioritise.'
Launch of India's latest communication satellite GSAT-5P onboard homegrown GSLV-F06, powered by Russian cryogenic engine, failed on Saturday when the rocket developed a snag soon after lift-off from the spaceport in Sriharikota.
The agreements were inked in the presence of Prime Minister Manmohan Singh and visiting Italian President Carlo Azeglio Ciampi after the two leaders held discussions on important issues of mutual concern.
GSLV Mark-III will be India's most powerful launch vehicle built to lift the heaviest Indian communications satellites to space.
As scientists of the Indian Space Research Organisation are decoding the data sent by Chandrayaan-1 from the moon, the space agency is confident that India's first lunar mission would reveal 'unexpected results and things'. "The data have been collected from unexplored area. We are well positioned with these data. We can tell the world that we have found many things, which no explorer has seen so far," Chandrayaan-I Project Director M Annadurai said on Saturday.
Kalam suggests creation of science cadre, your say?
The Indian Space Research Organisation will launch four foreign satellites this year as it seeks to make further inroads into the international satellite-building and launch services market in 2009.
The placing of four satellites into orbit on October 12, 2011 is yet another milestone in the glorious career of Indian Space Research Organisation's trusted Polar Satellite Launch Vehicle.
The satellite has reached its final slot and will be fully operational by the month-end.
The mission objectives of Chandrayaan-3 are to demonstrate a safe and soft landing on the lunar surface, to demonstrate rover roving on the Moon, and to conduct in-situ scientific experiments.
The final 52-hour countdown for the October 22 launch of the country's first moon mission, Chandrayaan-I, began early on Monday morning at the Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh.
Vyomamitra, a combination of two Sanskrit words Vyoma (Space) and Mitra (Friend), took everyone by surprise when she introduced herself to the audience gathered there.
A team of scientists from the Indian Space Research Organisation will soon arrive in Leh to find out more about the mysterious luminous objects seen on the horizon over a lake in Ladakh region of Jammu and Kashmir. Official sources said that after getting preliminary reports that the luminous objects flying over the horizon of Pangong Lake, located 160 km from Leh, could be Chinese lanterns, the security agencies wanted an assessment by experts.
The Propulsion Module (PM) of Chandrayaan-3 has been moved from an orbit around the Moon to an orbit around Earth, the Indian Space Research Organisation (ISRO) has said, terming the operation a unique experiment.
Top space scientist and former Indian Space Research Organisation chief K Kasturirangan Tuesday asserted that the country was capable of dealing with International Atomic Energy Agency inspections of its nuclear installations.
The year ended with the launch of the PSLV's 50th mission.
Antrix, the commercial arm of Indian Space Research Organisation has moved a court in Bengaluru seeking directions to restrain Devas multi-media from proceedings with the arbitration it has filed against it in an international court in Paris on cancellation of agreement on S band spectrum allocation.
SCRAMJET was an advanced technology initiative in the area of air-breathing propulsion and such technologies were in a very nascent stage of development the world over.
Former Indian Space Research Organisation Chairman G Madhavan Nair on Thursday rubbished suggestions of a scam in the scrapped controversial Antrix-Devas deal and maintained that estimation of huge loss to the exchequer is "totally erroneous".
Even as the government acted against former Indian Space Research Organisation chief and three others in Antrix-Devas deal, the Bharatiya Janata Party on Wednesday sought to turn the tables on the Prime Minister's Office, demanding an explanation from the prime minister as to why no action has been taken against officials in his office responsible for the controversial agreement.
Nearly a month after the Kerala high court ordered the government to pay Rs 10 lakh as compensation to scientist Nambi Narayananan for being falsely implicated in the Indian Space Research Organisation spy case, the state government on Wednesday decided to honour the verdict by paying him the amount at the earliest.
The Bangalore police have obtained the custody of Buela Sam, the lady from Gujarat who tried to enter the Indian Space Research Organisation on a fake identification card.
One of the advisors to Devas said the company should seek a legal option.
The ISRO said that 90 to 95 per cent of the mission objectives have been accomplished, notwithstanding the loss of communication with the lander.
"The Resourcesat-1 launched today was equal to half a dozen people in space for a period\n\nof five to six years," ISRO chief Dr Madhavan Nair said.
Bandla, a 34-year-old aeronautical engineer, on Sunday joined British billionaire Richard Branson and four others on board Virgin Galactic's Spaceship Two Unity to make a journey to the edge of space from the US state of New Mexico
ISRO officials said that the Rs 330 crore mission failed minutes after the rocket lifted off at 4.27 pm. Although they would go ahead with the same mission next year, it is still considered to be a setback since ISRO had planned on using the GSLV rocket for its second moon mission.