Space Business Aviation Week & Space Technology Sep 20 , 2010 , p. 78 ISRO reaches out to industry as its five-year budget climbs Neelam Mathews Bengaluru, India Opportunities are increasing steadily for private industry as India’s 2012-17 space budget doubles to $4.7 billion. The Indian Space Research Organization’s (ISRO) heavy workload, particularly in launches, is prompting it to move aggressively to bring industry in as a risk-sharing partner. Growth opportunities for Indian and foreign space manufacturers will abound, including for small and medium-size companies, K.R. Sridhara Murthi, Antrix Corp.’s managing director, said at India’s SpaceExpo here last month. Antrix Corp., which reported $200 million in revenues from products and services to international customers in its fiscal 2008, is ISRO’s commercial and marketing arm. Industry is most active in launch vehicles, where it is responsible for 90% of ISRO’s costs, including 34% of fabrication, 57% of materials ...