ISRO Chandrayaan 3 Successfully Lands on the Moon, Industry Hails Moment

ISRO Chandrayaan 3 has successfully landed on the moon, and the touchdown of the Chandrayaan 3 lander on the south pole of the moon surface is being hailed as a historic moment for India. ISpA says that this significant accomplishment underscores the increasing accessibility of space and showcases India's unwavering determination and persistence in accomplishing challenging space missions. Moreover, it augurs positively for India's engagement in the emerging lunar exploration era aimed at establishing enduring structures on the Moon.

Speaking on the occasion, Lt. Gen. AK Bhatt (Retd.), Director General, Indian Space Association said: “We applaud ISRO on the successful landing of the Chandrayaan-3 which shows India's strong spirit of space exploration and our prowess in the space domain. The successful landing shows the potential of the Indian space sector and places India among the very few nations in the whole world who have achieved this feat. It is also a harbinger of the exciting opportunities that it brings for private players. It not only encourages the development of the lunar space economy but also signals a major change. This signifies these moon landings will also further propel our actions towards creating a flourishing lunar economy and will encourage broader celestial exploration, from Mars and beyond. An important step forward in space exploration and commercialization will be with the inclusion of more private players and our growing spacetech startups in the future missions to make a India a leader in the global space economy.”

About ISRO Chandrayaan 3

Initiated on 14 July 2023, from Sriharikota, India, the Chandrayaan 3 mission comprises the key components of the Vikram lander and the Pragyan rover. The lander's primary function is to facilitate a secure and gentle touchdown on the lunar terrain, paving the way for the subsequent activities of the rover, which will conduct on-site chemical analysis of the lunar surface. The mission's overarching goal is to advance and showcase novel technologies essential for future interplanetary endeavors. While this is ISRO's mission, not many of us are aware of the hard work and contributions of many other private companies like Larsen & Toubro (L&T), Walchandnagar Industries, Centum Electronics, Godrej & Boyce, Ananth Technologies who have contributed to the successful launch and landing of Chandrayaan-3 and other ISRO mission for many years.

"The milestone "India is on the Moon" by Chandrayaan 3 will be recorded in history as one of India's biggest achievements. It will help India in establishing itself as a global leader in the space industry. I would like to congratulate entire team of ISRO, entire space community and geospatial community for reaching where a very few countries have reached till now,” said Agendra Kumar, Managing Director, Esri India.

Sreeram Ananthasayanam, Partner, Deloitte India, also echoed his views. “Historical, once in a lifetime moment like these while uniting our country also paves the way for an increased scientific temper amongst the youth of India, an accelerated pathway for self-reliance in emerging sectors & technologies, and, instilling the confidence to be amongst the Top 3 economies of the world. A classic lesson on focused perseverance, economic innovation and sovereignty in new and emerging tech, today’s event will propel India’s space economy to the next orbit,” he said.