ISRO Chairman V Narayanan announced that the space agency plans to transfer 50 per cent of PSLV development to an Indian industry consortium led by HAL and L&T. The move highlights India’s growing private sector role in space manufacturing and launches

Bengaluru: ISRO chairman V Narayanan on Thursday said the space agency wants to transfer 50 per cent of the Polar Satellite Launch Vehicle (PSLV) development to the industry consortium.

Hailing the capability of the domestic aerospace, defence, and engineering sector, Narayanan said they are already contributing almost 80 to 85 per cent of the systems for ISRO’s missions.

“Today, when you look at the PSLV, the workhorse of India, they (Indian consortium headed by HAL and L&T) have produced the first rocket. We are going to launch it befo

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