The Indian Space Research Organisation (ISRO) and its older commercial arm Antrix Corporation Ltd. are poised to commercialise India’s regional navigation satellite system, NavIC.
About:
NavIC (Navigation in Indian Constellation) is the Indian system of eight satellites that is aimed at telling business and individual users where they are, or how their products and services are moving.
The indigenous positioning or location based service (LBS) works just like the established and popular U.S. Global Positioning System or GPS, but within a 1,500-km radius over the sub-continent.
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