Home / India News / Pvt sector to get 70% of upcoming space projects worth up to $1.6 bn: Isro

Pvt sector to get 70% of upcoming space projects worth up to $1.6 bn: Isro

In the last 25 years, the space agency has launched more than 50 PSLV rockets, and wants to launch another 50 in the next five years

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The launches started with the PSLV-C44 mission on January 24. It was the first mission of the PSLV-DL. The rocket carried Microsat-R, an imaging satellite, and Kalamsat, a student satellite, to the Sun Synchronous Polar Orbit

T E Narasimhan Thiruvananthapuram

3 min read Last Updated : Jan 31 2020 | 2:59 PM IST

Nearly 70 per cent of the upcoming space programmes, estimated at $1.5-1.6 billion, are likely to go to private industry, a senior Indian Space Research Organisation (Isro) official said.

The development comes at a time when Isro is planning to increase the number of launches for domestic (civilian, defence, and private sector) and for international customers.

In the last 25 years, the space agency has launched more than 50 polar satellite launch (PSLV) rockets, and in the next five years Isro wants to launch 50 more, said T V Haridas, deputy director, Vikram Sarabhai Space Centre (VSSC), Thiruvananathapuram. VSSC is

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