In the last 3 years (July 2023 to June 2026, as per the release), India successfully launched 12 vehicle missions, 11 national, and 9 international satellites.
India became the first country to achieve a soft-landing near the Moon's south pole with Chandrayaan-3.
The first solar observatory mission, Aditya-L1, was successfully launched on PSLV.
India demonstrated docking/undocking in space through the SPADEX mission, becoming the 4th country to do so.
Development of Small Satellite Launch Vehicle (SSLV) was completed, with technology transfer to Indian industry.
A Third Launch Pad is approved for Sriharikota, and a second rocket launch site is being developed at Kulasekarapattinam, Tamil Nadu.
India's space economy is targeted to reach USD 44 billion by 2033, as per IN-SPACe roadmap.
Detailed Insights:
The period saw the milestone of 100 launches from India’s spaceport at Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota.
The joint NASA-ISRO Synthetic Aperture Radar (NISAR) mission was successfully launched on India’s GSLV vehicle.
LVM3 launched the heaviest satellite to GTO from Indian soil (CMS-03) and also the heaviest satellite ever from Indian soil for a US customer.
India currently operates four launch vehicles: PSLV, GSLV, GSLV MkIII (LVM3), and SSLV, utilized for various satellite launches and commercial services.
The new launch pads aim to enhance capacity for Next Generation Launch Vehicles (NGLV) and cater to private space start-ups and non-governmental entities.
Government measures permit Non-Government Entities (NGEs) to establish temporary test facilities within ISRO premises, reducing development time and cost.
IN-SPACe has introduced policy reforms and incentive schemes, including financial support for startups and MSMEs, to foster a competitive space ecosystem.
NewSpace India Limited (NSIL) generated ₹1,16,613.16 Lakhs from launch services in 2022-23, with projected revenues for 2023-24 and 2024-25.
Advanced technologies under development include a 200t thrust Semi-cryogenic engine, Vertical Take-off & Vertical landing (VTVL) for reusability, and a partially reusable NGLV with LOX-Methane propulsion.
Scientific/Technical Concepts Involved:
PSLV (Polar Satellite Launch Vehicle): India's workhorse launch vehicle, primarily used for launching Earth Observation and remote sensing satellites.
GSLV (Geosynchronous Satellite Launch Vehicle): India's launch vehicle designed to place communication satellites into Geosynchronous Transfer Orbit (GTO).
SSLV (Small Satellite Launch Vehicle): A new, cost-effective, and quick-turnaround launch vehicle designed to cater to the small satellite market.
LVM3 (Launch Vehicle Mark-3): India's heaviest operational launch vehicle, capable of launching 4-ton class satellites to GTO.
Semi-cryogenic engine: An engine that uses liquid oxygen (LOX) as oxidizer and refined kerosene (RP-1) as fuel, offering higher thrust.
LOX-Methane engine: An engine using liquid oxygen and liquid methane as propellants, known for its high performance and reusability potential.
Vertical Take-off & Vertical landing (VTVL): A technology enabling rockets to land vertically after launch, crucial for reusability and cost reduction.
Orbital Re-entry Vehicle (ORV): A winged body designed to re-enter the atmosphere and land on a runway, part of reusable launch vehicle technology.