GEOSTATIONARY LAUNCH VEHICLE GSLV D5
Shriram Mutual Fund launches NIFTY 1D Rate Liquid ETF
This investment scheme focuses on Tri Party Repo agreements involving Government securities or treasury bills. Its goal is to mirror the performance of the NIFTY 1D Rate Index, aiming to achieve similar returns while minimizing any tracking discrepancies.
Getting to space is incredibly tough. Agnikul is doing it on a 3D-printed rocket engine
It took just 6.5 years for Chennai startup Agnikul Cosmos to use a rocket with a 3D-printed engine. It promises to revolutionise spacetech.
iCET Meet: Doval, Sullivan focus on co-production, co-development, R&D
NSA Ajit Doval and US counterpart Jake Sullivan met for the second iCET meeting, focusing on co-production, co-development, and R&D. They emphasized staying at the forefront of innovation and coordinating with allies for secure technology solutions. They highlighted the need to safeguard sensitive technologies from leaks to countries of concern, without naming China.
Diversion ahead? For Chinese EVs, the road may fork out to India
The European Union's decision to hike tariffs on cheap electric vehicles made by Chinese companies has sparked concerns about unfair competition and the impact on the global auto sector. The move could lead to a reshuffling of the market dynamics, with potential consequences for both Chinese and European automakers.
Budget-day release for FAME-III; Indian VCs need to pivot
Measures to boost the sale of electric vehicles are likely to be announced in the upcoming budget. this and more on today’s ETtech Top 5.
Cred’s secured loan play; Rubrik interview
Happy Tuesday! Kunal Shah-led fintech startup Cred is prepping for an entry into the secured credit space. Details of this and more in today’s ETtech Morning Dispatch.
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Series AA 127- The EV transformation-Part 1: How a multibagger got fresh tailwinds & gave 22,334% return in the last 20 years
Excerpts from its annual report for 2017-18. ELECTRIC VEHICLES – THE NEW MARKET DISRUPTOR “We are anticipating the next market disruption through electric vehicles. We are closely reviewing and watching the situations and doing our ground level work. We are also mapping all of our existing products vis-à-vis EV to capitalise on the opportunities EV will throw at the component manufacturers, whether it is motors, batteries or any other system which will come into the electric vehicles, totally different from the conventional IC engine” Cut to August 2023, five years down the line, the company commissions two plants for making on-board charger, off-board charger, motor control Units, DCDC converters, battery management systems, and more products catering to EV 2-wheelers and 3-wheelers. Now this is a reflection of the speed at which an auto ancillary company needs to function and also the product range it needs to have if it has to stay relevant in the changing world of the auto Industry. Foresight, planning and timely execution is the key.
Agnikul test launches world’s first rocket with 3D printed engine
Agnikul official statement said, the vehicle was completely designed in-house and was powered by the world's first single piece 3D printed engine which is also India's first flight with a semicryo engine. The mission was successful after four failed attempts.
Series AA 127- The EV transformation - Part 1: How a multibagger got fresh tailwinds & gave 22,204% return in last 20 years
Below are the excerpts from its annual report of 2017-18. ELECTRIC VEHICLES – THE NEW MARKET DISRUPTOR | “We are anticipating the next market disruption through electric vehicles. We are closely reviewing and watching the situations and doing our ground level work. We are also mapping all of our existing products vis-à-vis EV to capitalise on the opportunities EV will throw at the component manufacturers, whether it is motors, batteries or any other system which will come into the electric vehicles, totally different from the conventional IC engine.” Cut to August 2023, five years down the line, the company commissions two plants for making on-board charger, off-board charger, motor control Units, DCDC converters, battery management systems, and more products catering to EV 2-wheelers and 3-wheelers. Now this is a reflection of the speed at which an auto ancillary company needs to function and also the product range it needs to have if it has to stay relevant in the changing world of the auto Industry. Foresight, planning and timely execution is the key.
Space startup Agnikul Cosmos calls off maiden rocket launch for a fourth time
India's Agnikul Cosmos delayed the Agnibaan rocket launch to test igniter performance. The rocket can carry 300 kg to orbits 700 km high. Skyroot launched India's first privately developed rocket in 2022 from ISRO's site.
Lectrix EV to invest INR 100 crore in FY25; plans multiple launches to strengthen EV market position
The company is planning to launch its new 2W model pre-Diwali and one post-Diwali. Pritesh Talwar, President - EV Business at Lectrix EV is optimistic about creating its name in the 2W market as he believes there is enough space to sustain and create a brand image for multiple companies.
Sauce VC launches third fund eyeing a corpus of Rs 250 crore
New Delhi-based investment firm Sauce VC, which has backed new-age luggage brand Mokobara, healthy foods startup The Whole Truth and petcare firm Supertails, aims to raise Rs 250 crore for its third fund. This comes as D2C firms see growing interest from risk capital investors. The firm looks to back 15-16 consumer brands in their early stages.
Auto component industry to double investment to $7 billion; Craftsman Automation could give 19% return
Auto component industry to double investment to $7 billion; Craftsman Automation could give 19% return. Premiumization trend drives shift to 'premium' vehicles. UV mix in PVs at 60% in FY24. 125cc+ segment in motorcycles at 52% in FY24. Social media influences rural trends. Finance accessibility boosts premiumization. India targets net zero emissions by 2070, promoting EVs and biofuels.
Will China become the cat among India's EV pigeons?
Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellantis is considering manufacturing Leapmotor's electric vehicles in India to avoid tariffs.
Suzuki predicts India market to expand 2% in FY25, Maruti to outpace industry growth
India is a bright spot for the Japanese auto giant, accounting for as much as 89% of the incremental volume of 168,000 units sold by Suzuki globally in the last fiscal year. While sales fell in several key markets, the Indian subsidiary posted a 9% increase in volume at 1.79 million units in fiscal 2024.
Shot by shot, Indian military is getting atmanirbhar
The government aims to increase India's annual defense production to nearly three times its current level, reaching Rs 3 lakh crore by 2028-29. Additionally, the target for defense exports is set to more than double, reaching Rs 50,000 crore compared to the current Rs 21,083 crore. For the fiscal year 2024-25, the goal is to achieve a total annual defense production worth Rs 1,75,000 crore, including exports valued at Rs 35,000 crore.
Agnikul puts off for third time launch of Agnibaan sub-orbital rocket
Chennai-based space start-up Agnikul Cosmos on Sunday called off the maiden launch of its 3D-printed, semi-cryogenic Agnibaan rocket about 92 seconds before lift-off citing some technical issues. Sunday's was the third attempt at the test launch of the Agnibaan Sub-Orbital Technology Demonstrator (SOrTeD) since March 22, when the test flight was first scheduled to be held at the Agnikul Launch Pad at ISRO's Satish Dhawan Space Centre at Sriharikota.
Lakshmi Machine Works hands over major component of launch vehicle to ISRO
The Advanced Technology Centre of Lakshmi Machine Works (LMW) has delivered an indigenously developed component, the ogive payload fairing, to ISRO. This fairing, the uppermost structure of a launch vehicle, carries satellites into orbit. LMW, a leading manufacturer headquartered in Coimbatore, established the LMW Advanced Technology Centre in 2010 to produce composite structural products for the space and aviation sectors.
INSAT-3DS Mission: All four planned Liquid Apogee Motor firings completed, says ISRO
The INSAT-3DS Satellite is a follow-on mission of Third Generation Meteorological Satellite from Geostationary Orbit. The mission is fully funded by the Ministry of Earth Sciences (MoES). It is designed for enhanced meteorological observations and monitoring of land and ocean surfaces for weather forecasting and disaster warning. The satellite will augment the Meteorological services along with the presently operational INSAT-3D and INSAT-3DR satellites.
Isro launches INSAT-3DS weather forecasting satellite
The satellite was launched atop the GSLV-F14 rocket from Sriharikota. It will observe various atmospheric parameters and provide information related to the weather and the climate, the space agency said.
ISRO launches INSAT-3DS meteorological satellite; "Naughty boy GSLV has matured", says Mission Director
The Indian Space Research Organisation (ISRO) successfully launched the INSAT-3DS meteorological satellite aboard a GSLV-F14 from the Satish Dhawan Space Centre in Sriharikota on Saturday. INSAT-3DS is a follow-on mission of the third-generation meteorological satellite, fully funded by the Ministry of Earth Sciences, and aimed at placement in a geostationary orbit. This marks ISRO's second mission of 2024, following the successful launch of the PSLV-C58/EXPOSAT mission on January 1st.
INSAT-3DS meteorological satellite: What does ISRO aim to achieve with this mission?
The countdown for the launch of INSAT-3DS meteorological satellite onboard a GSLV has commenced, Isro said on Friday. The lift-off for the GSLV-F14 in its 16th mission is scheduled at 5.35 pm on Saturday from Satish Dhawan Space Centre in Sriharikota. The INSAT-3DS satellite is a follow-on mission of the third generation meteorological satellite to be placed in a geostationary orbit, and it is fully funded by the Ministry of Earth Sciences. “GSLV-F14/INSAT-3DS Mission: 27.5 hours countdown leading to the launch on February 17, 2024 at 17.35 hrs has commenced” Isro said. This is the second mission for the Bengaluru headquartered space agency in 2024 after the successful launch of PSLV-C58/EXPOSAT mission on January 1.
ISRO to launch INSAT-3DS Meteorological Satellite today: Check launch time and significance
ISRO is set to launch the INSAT-3DS meteorological satellite today, aimed at enhancing weather forecasting and disaster warning capabilities. The satellite, part of the GSLV F14 mission, will be launched from Sriharikota spaceport at 5.35 pm Saturday. INSAT-3DS will provide crucial data for monitoring Earth's surface, oceanic observations, and atmospheric parameters. The mission, fully funded by the Ministry of Earth Sciences, marks a significant milestone in India's space exploration efforts.
Countdown for launch of INSAT-3DS meteorological satellite begins
The countdown for the INSAT-3DS meteorological satellite launch by ISRO has begun. The satellite will provide continuity of services to INSAT-3D and INSAT-3DR. It will be deployed into a Geoynchronous Transfer Orbit and later placed into a Geo-stationary Orbit.
ISRO to launch INSAT-3DS meteorological satellite on February 17
ISRO announces the launch of INSAT-3DS meteorological satellite on February 17, aiming to bolster weather forecasting and disaster warning. Fully funded by MoES, the satellite will provide advanced meteorological data with payloads including an imager and sounder. Indian industries collaborated in its development, showcasing teamwork. GSLV F14 will facilitate the launch, highlighting India's space prowess. INSAT-3DS signifies a leap in meteorological technology, showcasing ISRO's commitment to innovation and global welfare.
ISRO to put first Indian astronaut on Moon by 2040
Currently, they are undergoing mission-specific training at Astronaut Training Facility (ATF) in Bengaluru, said ISRO chief S Somanath, who is also Secretary, Department of Space, and Chairman of, Space Commission.
Rourkela plant supplies special grade steel for Indian space missions
Maraging steel is a special quality steel containing nickel, cobalt, molybdenum, titanium and aluminium and is manufactured through vacuum melting process. Rolling of maraging steel requires very stringent process parameters, the statement added.
Chandrayaan-3: Where and when to watch the historic launch live. Here are all details
You can watch the live stream of the launch on the ISRO https://www.youtube.com/@isroofficial5866. On TV, you can watch the launch event on Doordarshan. Chandrayaan-3 mission is scheduled to be launched at 2.35 pm on July 14, with the lander expected to soft-land on the surface of the Moon on August 23 or 24.
GSLV-F12 successfully places 2G navigation satellite into intended orbit: ISRO
The 51.7 metre tall rocket lifted off majestically from the second launch pad at this space port here, located about 130 km from Chennai.
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