New Delhi (Sputnik) — The Indian Space Research Organization (ISRO) has signed a three-year agreement with a private sector consortium led by Bangalore-based Alpha Design Technologies to assemble satellites in an attempt to increase the number of launches while building the capacity of the private sector. The other two firms involved in this agreement are Tata Group and state-owned Bharat Electronics Ltd.
"The consortium will build 1.5-3 ton satellites… meant for imaging, communication, and weather forecasting," a private firm official who wished to remain anonymous told Sputnik.
"Our in-house capacity is limited. So we are looking to offload 30-40% of the work to the private sector," Dr. M Annadurai, director of the ISRO satellite center, said last November.
From April 2017 to date, nine satellites were launched by the ISRO, which included four communication satellites, three remote sensing satellites and two navigational satellites. In total, 89 Indian satellites have been successfully launched by the ISRO. In addition, the ISRO has also launched nine student satellites and 237 customer satellites from 28 foreign countries.
India is one of the few space-faring nations that has the capability to design, develop and launch state-of-the-art satellites using indigenously built launch vehicles.