India Opens Bidding for Privatization of SSLV Rocket Program

  • India is offering its Small Satellite Launch Vehicle (SSLV), designed by ISRO, for privatization to boost satellite launch market share.
  • Hindustan Aeronautics and Larsen & Toubro, contractors for ISRO’s PSLV rockets, are considered potential bidders.
  • This process is part of Prime Minister Narendra Modi’s initiative to invite investment in space businesses.
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