Indian Space Association (ISpA)
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Indian Space Association (ISpA)
Indian Space Association (ISpA) is a state-owned trade association for Indian space and satellite manufacturing companies. History On October 11, 2021, Prime Minister of India Narendra Modi launched the Indian Space Association as a ''“single-window”'' agency for facilitating space sector business opportunities for Indian start-ups and the private sector. Members The list of ISpA members are divided in two segments; founding members and core members. It is listed below in alphabetical order; Founding members * Alpha Design Technologies * Bharti Airtel * Larsen & Toubro * MapmyIndia * Nelco (Tata Group) * OneWeb * Walchandnagar Industries * Indian Space Agency Core members * Ananth Technologies * Azista-BST Aerospace * Bharat Electronics * Centum Electronics * Godrej Group Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, which is managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Burj ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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MapmyIndia
MapmyIndia is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies. The company was founded in 1995 and is headquartered at New Delhi with regional offices in Mumbai and Bengaluru and smaller offices across India. It also has international offices in the San Francisco Bay Area and Tokyo. History MapmyIndia was founded by Rakesh and Rashmi Verma in 1995. The couple launched a startup called CE Info Systems in 1995 at New Delhi, India. The company started working upon developing a web mapping technology and provide products and services required for enhancing marketing and logistics efficiency in existing organizations in the country. Soon after, the company took up an assignment to develop good quality maps with detailed topography to support the marketing and logistics operations of Coca-Cola and Cellular One. The company launched the first Indian interactive digital mapping portal "www.mapmyindia.com" in ...
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Trade Associations Based In India
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other product ...
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Godrej Group
Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, which is managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors including real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products. Its subsidiaries and affiliated companies include Godrej Industries and its subsidiaries Godrej Consumer Products, Godrej Agrovet, and Godrej Properties, as well as the private holding company Godrej & Boyce Mfg. Co. Ltd.; Timeline * 1897: Godrej was established in 1897 * 1897: Godrej introduced the first lock with lever technology in India. * 1902: Godrej makes its first Indian Safe * 1918: Godrej Soaps Limited incorporated * 1920: Godrej made soap using vegetable oil, which was a huge hit with the vegetarian community in India * 1955: Godrej produced India's first indigenous typewriter * 1961: Godrej Started Manufacturing ...
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Bharat Electronics
Bharat Electronics Limited (BEL) is an Indian Government-owned aerospace and defence electronics company. It primarily manufactures advanced electronic products for ground and aerospace applications. BEL is one of nine PSUs under the Ministry of Defence of India. It has been granted '' Navratna'' status by the Government of India. History of BEL Bharat Electronics Limited was founded in Bangalore, Karnataka, India in 1954. Starting with the manufacture of a few communication equipment in 1956, BEL started producing receiving valves in 1961, germanium semiconductors in 1962, and radio transmitters for AIR in 1964 with help from the Soviet Union. * In 1966, BEL set up a radar manufacturing facility for the army and in-house R&D. In 1967, BEL began manufacturing transmitting tubes, silicon devices and integrated circuits. The PCB manufacturing facility was established in 1968. * In 1970, BEL started making black & white TV picture tubes, X-ray tubes and microwave tubes. In 1971, ...
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Ananth Technologies
Ananth Technologies Limited is an Indian aerospace manufacturer that provides hardware and software services. The company manufactures electronics and mechanical subsystems for launch vehicles, satellites, spacecraft payloads, and ground systems. It also builds satellites and provides launch services through a partnership with NewSpace India Limited. Ananth Technologies was established in 1992 and is headquartered in Hyderabad, Telangana. The company also has an office in Thiruvananthapuram, Kerala and a satellite manufacturing facility near Bangalore, Karnataka. History Ananth Technologies was incorporated on 17 August 1992 in Hyderabad by Subba Rao Pavuluri, a former employee of the Indian Space Research Organisation (ISRO). Pavuluri was a division head at ISRO when he left in 1991. He explained, "I left midway because of the encouragement they gave me that things can be done in the private sector to serve ISRO and also grow independently". Ananth Technologies was one of the fir ...
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Indian Space Agency
The Indian Space Research Organisation (ISRO; ) is the national space agency of India, headquartered in Bengaluru. It operates under the Department of Space (DOS) which is directly overseen by the Prime Minister of India, while the Chairman of ISRO acts as the executive of DOS as well. ISRO is India's primary agency for performing tasks related to space-based applications, space exploration and the development of related technologies. It is one of six government space agencies in the world which possess full launch capabilities, deploy cryogenic engines, launch extraterrestrial missions and operate large fleets of artificial satellites. The Indian National Committee for Space Research (INCOSPAR) was established by Jawaharlal Nehru under the Department of Atomic Energy (DAE) in 1962, on the urging of scientist Vikram Sarabhai, recognising the need in space research. INCOSPAR grew and became ISRO in 1969, within DAE. In 1972, the government of India set up a Space Commissi ...
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Walchandnagar Industries
Walchandnagar Industries Limited (WIL) ( NSEWALCHANNAG BSE507410 is a heavy engineering products and EP&C services company, based in Mumbai, India. History Walchandnagar Industries was founded by Walchand Hirachand Doshi in 1908. WIL was subject to sanctions by the United States following Pokhran-II The Pokhran-II tests were a series of five nuclear bomb test explosions conducted by India at the Indian Army's Pokhran Test Range in May 1998. It was the second instance of nuclear testing conducted by India; the first test, code-named ''Smil ... for its involvement in India's nuclear and space programs. The sanctions were dropped in 2001. References {{reflist Manufacturing companies based in Mumbai Engineering companies of India Walchand Group Indian companies established in 1908 Manufacturing companies established in 1908 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange ...
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OneWeb
OneWeb (legally Network Access Associates Ltd) is a communications company that aims to build broadband satellite Internet services. The company is headquartered in London, and has offices in Virginia, US and a satellite manufacturing facility in FloridaOneWeb Satellitesthat is a joint venture with Airbus Defence and Space. The company was formerly known as WorldVu Satellites Ltd. The company was founded by Greg Wyler in 2012 and launched its first satellites in February 2019. It entered bankruptcy in March 2020 after failing to raise the requisite capital to complete the build and deployment of the remaining 90% of the network. The company emerged from the bankruptcy proceedings and reorganization in November 2020 with a new ownership group. As of 2021, Indian multinational company Bharti Global, France-based satellite service provider Eutelsat and the Government of the United Kingdom were the company's largest shareholders, while Japan's SoftBank retained an equity holding ...
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Tata Group
The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents. Acknowledged as the founder of the Tata Group, Jamsetji Tata is sometimes referred to as the "father of Indian industry". Each Tata company operates independently under the guidance and supervision of its own board of directors and shareholders. Philanthropic trusts control over 66% of the Tata holding company Tata Sons, while the Tata family is a very small shareholder. The group's annual revenue for fiscal year 2021–22 was reported to be US$128 billion. There are 29 publicly-listed Tata Group companies with a combined market capitalisation of $311 billion as of March 2022. Significant Tata Group affiliates include Tata Consultancy Services, Tata Consumer Products, Tata Motors, Tata Power, Tata Steel, Voltas, Titan Company, Tanishq ...
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Larsen & Toubro
Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies. It was founded by Henning Holck-Larsen and Søren Kristian Toubro, who were two Danish engineers taking refuge in India. As of 2020, L&T Group comprises 118 subsidiaries, 6 associates, 25 joint-venture and 35 joint operations companies, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services. History Larsen & Toubro originated from a company founded in 1946 in Bombay by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company began as a representative of Danish manufacturers of dairy and allied equipment. However, with the start of the Second World ...
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Trade Association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence p ...
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