L&T, Godrej, HAL, Isro to sign pact to build PSLV rockets

There is a huge spurt in demand to launch smaller satellites, those as light as 1 kg, with a lifespan of two to three years

Larsen & Toubro, Godrej and Hindustan Aeronautics Ltd will join a consortium, being put together by Indian Space Research Organisation (Isro), to build Polar Satellite Launch Vehicles (PSLVs). 

The vehicles will launch small satellites, and the first launch is being planned by 2020. A pact is to be signed by January for this initiative, said a source.

India’s space agency, which has designed the rocket, has been building and launching satellites, including probes for the moon and Mars missions, on its own. It has more work on its plate to meet the country’s requirement of building heavier rockets and reusable