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Industry must lift PSLV output
Why is it in news?
- The Indian Space Research Organisation (ISRO) wants industry to raise its engagement with the country’s space programme by helping drive production of the Polar Satellite Launch Vehicles (PSLVs) that ISRO needs to meet its fast expanding launch schedule in the coming years, Chairman K.Sivan said.
More in news
- Observing that partner companies stood to gain substantially from the projects exhorted industry to take up bigger and independent roles in manufacturing satellites and launchers.
- This would free ISRO up to focus on pursuing new technologies and the challenge of the manned space misson, which is about 40 months away.
- With 85% of the launch vehicle cost and 50% of the spacecraft cost going to industries that supply components and systems to ISRO.
- Of the Rs. 10,400 crore worth of launch vehicles approved a few months back, Rs. 9,000 crore would go to supplier industries.
Source
The Hindu