China Unveiled New Carrier Rocket

In News

Posing a challenge to India in the global satellite transportation market, China has unveiled new carrier rockets.

In-Detail

• India is one of the leading countries for space launch vehicles in the 1.5 tonne satellite segment.
• But, with China’s unveiling of new commercial carrier rockets, India will be competing for the market share.
• The new Chinese rockets can carry a payload of 1.5 tonnes and it will compete with India’s workhorse, the PSLV.
• The rocket series has two types of rockets. One, codenamed Smart Dragon (SD) family consists of a cluster of solid-fuelled rockets and the other is Tenglong, a liquid-propelled rocket.
• The rockets were unveiled by China Rocket, a commercial wing of China’s rocket maker the China Academy of Launch Vehicle Technology.
• China is now aiming to tap into the growing domestic and global commercial space launches.

Commercial Aspirations

• China has an elaborate space program. It has already reached the Moon and is planning to send a spacecraft to Mars.
• But, it lags behind India in attracting the global commercial rocket market.
• For the country, India is the nemesis and the new rockets are set to challenge India’s dominance in the global commercial space launch market.
• With the new rockets, China has cut down the cost for launching satellites and made itself an alternative to India which is already an established low-cost space launch provider.

IAS Academy in Delhi, Best IAS Coaching in Delhi, Top IAS Coaching in Delhi, Best IAS Institute in Delhi, IAS Institute in Delhi, Best upsc Coaching in Delhi