India's Rocket Industry: Active Vehicles, Costs, and Future Growth

India is making its rockets in a new way!

The Indian Space Research Organisation (ISRO) is letting companies like HAL and L&T help build their big rockets called PSLV.

They are also giving the plans for smaller rockets called SSLV to private companies to build many of them.

This is because many parts are already made by Indian companies.

India's space business is growing a lot and they want it to get even bigger, reaching a huge amount of money in the next ten years.

They have three main rockets: PSLV, GSLV, and LVM3.

India's rockets are much cheaper than rockets from other countries.

There are also many new small companies trying to build their own rockets.

They want to launch more rockets and go to space stations and the Moon in the future.