L&T eyes role in NASA's successor to the International Space Station
ISRO's space missions for more than five decades, India's largest engineering firm Larsen and Toubro has now set its eyes on the international market, particularly the next International Space Station.
L&T was earlier in talks with Jeff Bezo's Blue Origin for supplying orbital launch capabilities and space habitat solutions but the negotiations ran into some difficulties.
«Some remnants of that discussion continue till today but now with NASA. So, we are also hopeful that when the US requires its next space station, Indian firms will have a role to play in the supply chain,» Vikas Khita, Vice President, L&T Precision Engineering and Systems, told PTI.
Khita, who was speaking on the sidelines of an industry meet organised by Geospatial World, said the firm was also interested in building space ports, space parks and manufacturing clusters, areas which are expected to get a boost considering the government's opening up of the space sector for private participation in 2020.
«In commercial terms, we are looking at a fivefold increase in turnover by 2033 of the space economy and a large part of this increase is to come from the upstream and the downstream sectors,» he said.
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