The Indian National Space Promotion and Authorisation Centre or  IN SPACe, the commercial arm of Indian Space Research Organisation, ISRO has called for an Expression of Interest from Indian private Industries to manufacture Small Satellite Launch Vehicle spares and sub-systems.

According to this ISRO will transfer relevant technologies to the private industries that are showing Expression of Interest. The Chairman of INSPACe, Dr. Pawan Goenka has outlined the objective of involving private players in the manufacturing of Small launchers by saying that this will pave the way for India to become a global hub for small satellite launches.  

The Secretary in the Department of Space and Chairman ISRO, S Somanath has said that the private space industry in India has played a limited role in contrast to the global scenario.

ISRO needs to mentor and handhold the private industry in India for the overall development of the sector. He hoped that the Transfer of Technology in this segment of Small launch vehicles will give a big boost to private industries' efforts to engage in the space sector. The Small Satellite Launch Vehicle designed and developed by ISRO is a three-stage solid launcher capable of carrying a payload of up to 500 kgs to a 500 km circular orbit.