ISRO to Transfer 50% PSLV Development to Indian Industry

India's space agency, ISRO, is planning a big change to how its rockets are made.

The ISRO chairman, V Narayanan, said that ISRO wants to give half of the work for building the Polar Satellite Launch Vehicle (PSLV), which is like India's main delivery truck for satellites, to a group of Indian companies.

Right now, these Indian companies already build most of the parts for ISRO's rockets, about 80 to 85 percent!

ISRO is going to wait and see if this group of companies can successfully launch two rockets on their own.

If they do well, ISRO will give them half of the design and development work for the PSLV.

This is happening because India's own industries have become very capable, and ISRO wants to support them.

The government's decision to open up the space sector has also helped many new small space companies, called startups, to begin.

ISRO is also transferring technology for smaller rockets to a company called HAL, and more production will go to private industries.

This move aims to make India more self-reliant in space technology and boost its space economy.