ISRO to Transfer 50% PSLV Development to Industry Consortium

ISRO, India's space agency, wants to share the work of building its workhorse rocket, the PSLV, with Indian companies.

Right now, these companies already help build most of the parts for ISRO's rockets, about 80-85%.

ISRO plans to give half of the development work for the PSLV directly to a group of Indian companies, like HAL and L&T.

Once these companies successfully launch a couple of rockets themselves, ISRO will transfer this responsibility.

This is a big step to help Indian industries grow stronger and build more rockets.

ISRO has already transferred technology for smaller rockets (SSLVs) to HAL and plans to move production of 16 of them to private companies.

Thanks to government reforms, the number of space startups in India has grown significantly from just a few to over 330.

This move is part of India's larger goal to become more self-reliant in space technology and increase the number of rocket launches significantly.