Speaking at the announcement, Colonel H. S. Shankar, Chairman and Managing Director, Alpha Design Technologies, said, "It is a matter of immense pride for us to have signed this prestigious contract with ISRO.
"It is a significant step for us. As part of the contract, initially our teams would get minimum ISRO supervision and later would independently be making complete satellites. With our foray into space, we have proved that sky is not the limit in moving towards ‘Make in India' and ensuring its success. Going forward, we expect exciting times ahead."
Looking at the future prospective engagements with ISRO, Alpha Design Technologies is expecting to add more than 400 engineers, diploma holders and ITI qualified personnel to be part of Alpha Group, with annual turnover of Rs. 200 crore to Rs. 250 crore.
The company had recently signed a multi-million dollar contract with Elbit Systems for manufacturing of 600 VHF communication devices for exports and later for large scale manufacture to cater for the requirements of the Armoured Corps
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