Antrix, ISRO's commercial arm, is eyeing 10% of the $357 billion global market.
China's second woman astronaut Wang Yaping, who is currently orbiting the earth in an experimental space lab, has become the country's first space teacher as she delivered a lecture to over 60 million Chinese students about various aspects life in space.
ISRO chairman S Somanath on Monday said instead of a success-based design in Chandrayaan-2, the space agency opted for a failure-based design in Chandrayaan-3, focused on what all can fail and how to protect it and ensure a successful landing.
Williams is the second American woman astronaut with Indian roots, after the late Kalpana Chawla, to be selected for a space mission by NASA.