India's space agency has in its pipeline eight foreign satellites for launch and is scouting to acquire such spacecraft from abroad to expand capacity in the field of communication transponder back home.
"All the 34 DTH transponders on INSAT satellites are fully booked," Antrix Corporation Executive Director K R Sridhara Murthi said.
However, some of the provisions in the draft Bill needs scrutiny, as these could scare away international investors
The Indian Space Research Organisation has refused to disclose the contents of letters written by its former chief G Madhavan Nair and others in connection with findings by a committee that went into controversial Antrix-Devas deal, saying they were "personal" that may impede process of investigation or apprehension of offenders.