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India launches four satellites into space using less money than Hollywood spent on ‘Gravity’
http://www.rawstory.com/rs/2014/07/01/india-launches-four-satellites-into-space-using-less-money-than-hollywood-spent-on-gravity/
India launches four satellites into space using less money than Hollywood spent on ‘Gravity’
By Agence France-Presse
Tuesday, July 1, 2014 11:15 EDT
Prime Minister Narendra Modi hailed India’s low-cost space technology on Monday, saying a rocket which launched four foreign satellites into orbit had cost less to make than the Hollywood film “Gravity.”
India’s domestically-produced Polar Satellite Launch Vehicle (PSLV) blasted off Monday morning from the southern spaceport of Sriharikota, carrying satellites from France, Germany, Canada and Singapore.
“India has the potential to be the launch service provider of the world and must work towards this goal,” Modi said from the site one month after coming to power at the head of a right-wing government.
Satellite launch industry revenues totalled $2.2 billion in 2012, according to the US Satellite Industry Association, and India is keen to expand its modest share of this market as a low-cost provider.
