SynopsisLarsen & Toubro, JSW, Adani Group and Mahindra are among companies considering bids to manufacture and operate ISRO’s LVM3 heavy-lift rocket. The technology-transfer programme is part of ISRO’s push to shift routine launches to private industry. The move comes as global launch demand grows and India’s space economy expands.Larsen & Toubro, JSW, Adani Group and Mahindra are among at least half a dozen home-grown companies or consortiums looking to partner the Indian Space Research Organisation (ISRO) on its heavy-lift launch vehicle mark-3 (LVM3), also known as Bahubali, said people aware of the matter.These private entities are considering plans to submit expressions of interest (EoIs) for technology transfer from ISRO to manufacture and operate LVM3, theNow Playing
ISRO’s ‘Bahubali’ draws big industry interest as L&T, Adani, others eye rocket technology - The Economic Times
Larsen & Toubro, JSW, Adani Group and Mahindra are among companies considering bids to manufacture and operate ISRO’s LVM3 heavy-lift rocket. The technology-transfer programme is part of ISRO’s push to shift routine launches to private industry. The move comes as global launch demand grows and India’s space economy expands.
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