NEW DELHI – India plans to assemble a consortium of private firms and state-run enterprises to make rockets and satellites in partnership with the country’s space agency over the next five years. Since its inception in the 1960s, the state-owned Indian Space Research Organization (ISRO) has been the sole producer of satellites and launch vehicles, besides procuring subsystems and components from the private sector and state-run companies.
India’s newest Geosynchronous Satellite Launch Vehicle is perched on the launch pad at Sriharikota Island in the Bay of Bengal, weeks away from its first experimental flight.