After a total of 40 days ,India finally set foot on the unchartered South Pole on Wednesday i.e 23rd August . Thus terming the Indian Space Research Organisation’s (Isro) Chandrayaan-3 mission as a raging success after a soft landing on the lunar surface.
India proudly became the fourth country to achieve the historic feat which can be counted as a giant leap for the country and its economy. The companies that were behind the making of the Chandrayaan include Larsen & Toubro, Mishra Dhatu Nigam, Bharat Heavy Electricals Ltd (BHEL), Hindustan Aeronautics, Walchandnagar Industries, and MTAR Technologies. These are expected to see a high surge in the shares owing to the success of the mission. L&T’s involvement in the LVM3 M4 Chandrayaan mission includes manufacturing and testing of the critical booster segments like the head end and the middle segment as well as the nozzle bucket flange .While BHEL’s contribution lies in providing the batteries which were used in Chandrayaan-3, and their Welding Research Institute (WRI) were essential in manufacturing and supplying bi-metallic adaptors for the mission’s cryogenic stage. Tata Elxsi Ltd. was instrumental in the Development Of Spacecraft, Avionics And Software and Tata Advance System helped in the manufacturing of Chandrayan 3’s Lander. Hindustan Aeronautics’ role extended to components supply for National Aerospace Laboratories (NAL) and avid participation in the HAL-L&T consortium’s mission to build Polar Satellite Launch Vehicle (PSLV) rockets. MTAR Technologies’ establishment at Balanagar was the key source in manufacturing the most important parts for Chandrayaan-3, contributing to the mission’s success.
The involvement and thorough participation of these companies in Chandrayaan-3 highlights the collaborative efforts that served as a fuel in propelling India’s achievements in space exploration to a noteworthy milestone. “This will establish India as a cost-effective satellite launcher and a global opportunity may emerge. Sectors like aerospace and defence will get a boost,” told Mukesh Kochar, National Head – Wealth Management, AUM Capital.