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ISRO looking for more joint ventures now

The Indian Space Research Organisation (ISRO) is now looking for more private players for joint ventures, to push its space operations to the next level.

india Updated: Jul 02, 2013 11:05 IST

Sriharikota: The Indian Space Research Organisation (ISRO) is now looking for more private players for joint ventures, to push its space operations to the next level.

"Over 400 industrial firms are already working with us. PSLV has created a niche for itself in the industry, which can carry over 1.5 tonnes. We have 12 missions in a year. We are looking for partnership from more private players," ISRO Chairman K Radhakrishnan said.

After India's first dedicated navigation satellite, IRNSS-1A was successfully launched on board the PSLV-C22, Radhakrishnan said, "This only proves that PSLV is an extremely reliable vehicle and with this flight, we are also entering into a new era of space application in the country that is the beginning of satellite navigation programme."

ISRO among world's top six

With its workhorse PSLV creating a niche for itself in the space industry across the globe, ISRO now figures in the six largest government space agencies in the world along with USA's NASA, Russia's RKA, Europe's ESA, China's CNSA and Japan's JAXA.

India's first satellite Aryabhatta was built by ISRO but launched by the Soviet Union in 1975. Since then the organisation had been trying to achieve independence in the space research and in 1980, it was successful in placing Rohini by an India-made launch vehicle, SLV-3.

Later on it developed two more rockets, the Polar Satellite Launch Vehicle (PSLV) for putting satellites into the polar orbits and the Geosynchronous Satellite Launch Vehicle (GSLV) for placing satellites into geostationary orbits.

In 2008, ISRO successfully launched its first lunar probe, Chandrayaan-1, while future plans include indigenous development of GSLV, manned space missions, further lunar exploration, and interplanetary probes.

ISRO has several field installations as assets, and cooperates with the international community as a part of several bilateral and multilateral agreements.