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 before the end of this financial year, mostly by February,” the ISRO chief said during the India Manufacturing Show.

The 7th Edition of the India Manufacturing Show (IMS 2025) — India’s premier trade fair for the Aerospace, Defence, and General Engineering sectors has b

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