New Space India Limited

  • 11 May 2024

New Space India Limited (NSIL) the commercial arm of India's Department of Space seeks private manufacturers to produce LVM3, the launch vehicle used for Chandrayaan-2, Chandrayaan-3, and future Gaganyaan missions.

  • Initially utilized for missions beyond Earth's orbit, LVM3 demonstrated commercial viability by deploying multiple satellites in low Earth orbit, including two batches of 36 satellites each for OneWeb.
  • Amidst increasing demand for heavier communications satellites and global low Earth orbit constellations, NSIL aims to enhance LVM3's payload capacity through technological advancements.
  • The initiative aligns with the government's strategy to boost private sector participation in space endeavors, transitioning from part producers to complete launch vehicle manufacturers.
  • NSIL outlines a two-stage bidding process to select manufacturers based on technical qualification and financial competitiveness, fostering a competitive landscape in the space industry.
  • In a parallel effort, NSIL has tasked a consortium of HAL and L&T to manufacture five Polar Satellite Launch Vehicles (PSLV), with the first privately manufactured PSLV expected to launch this year.