A satellite-based system to be built in the next five to six years at a cost of Rs 1,600 crores will enable New Delhi to provide positioning, navigation and timing services across the country and neighbouring areas, officials said.

Addressing an industry meet on satellite navigation and talking to reporters later, G Madhavan Nair, Secretary in the Department of Space, said the Indian Regional Navigation System will consist of a constellation of satellites and a large ground network.

Source: hindu.com