Indian Space Research Organization (ISRO) Chief Somanath unveiled the carbon reduction initiative of SFO Technologies, the flagship company of the NeST Group.
The Carbon Reduction initiative of the NeST Group aims to achieve a 50 per cent reduction by 2035 and zero emissions by 2040.
Around 400 enterprises in the country have benefited from the technologies developed by ISRO for its various missions.
The Indian space sector is supposed to become a USD 9-10 billion business in the next 5-10 years from the current 2 billion dollars.
SFO Technologies has worked closely in association with ISRO for many years. Both have worked on multiple programmes, such as the RF sub-systems for Chandrayaan and Aditya Missions.
SFO Technologies and NeST Group are committed to protecting the environment and reducing carbon emissions.