| Key Aspect | Details |
|---|---|
| Event | Private Sector Built PSLV-XL Rocket |
| Highlight | First PSLV entirely built by the private sector (HAL-L&T consortium). |
| Rocket Variant | PSLV-XL: Enhanced version with six extended strap-on boosters for heavier payloads. |
| Payload | Oceansat Satellite: Earth observation satellite for ocean and atmospheric studies. |
| Launch Timeline | Expected in 2026: First launch of HAL-L&T built PSLV carrying Oceansat satellite. |
| Contract | Signed in 2022 by NSIL (ISRO's commercial arm) for manufacturing five PSLV rockets. |
| Manufacturing Consortium | HAL-L&T: First private group to handle end-to-end production of PSLV. |
| ISRO's Role | Provided technical support during manufacturing. |
| Future Plans | Two to three launches expected in the coming year. |
| Strategic Shift | ISRO delegates production to private sector to focus on R&D and cutting-edge missions. |
| Impact on Private Sector | Encourages investment in India's private space startups and strengthens global credibility. |
| Global Implications | Enhances India's position as a reliable launch partner and promotes commercial competitiveness. |
| Technology Transfer | ISRO transferred SSLV (Small Satellite Launch Vehicle) technology to HAL. |
| NewSpace Economy | Marks a defining moment for India's emerging private space ecosystem. |
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