Indian Space Research Organization (ISRO)

This morning, India successfully launched a rocket to Mars. Christened Mangalyaan, or Mars vehicle, the rocket is part of a scientific mission that cost a grand total of Rs 4.5 billion, or $73 million. In terms of the space business, that’s a bargain. By contrast, NASA’s next Mars mission will cost $671 million and do the same thing as India’s craft: orbit the red planet collecting data. Read More »