"Our scientists have achieved many accomplishments. Through space science, lives of people can be transformed. India has launched seven navigation satellites which have been successful," he said in a televised address.

He said the successful launch of the satellite, which guarantees India's indigenous satellite navigation system, was a "precious gift by Indian scientists to the people of the country".

"Our efforts will not only help India but can help fellow SAARC nations as well," PM Modi cited.

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