IN-SPACe moves to hand over Isro’s new Rs 986 crore small rocket launch complex to private sector
- Posted on August 9, 2026
- By Business News Today
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- 1 min read
In brief
India's space agency IN-SPACe is opening its newly constructed Rs 986 crore small satellite launch facility to private commercial operators. This strategic initiative aims to democratize space access by allowing private companies to manage day-to-day operations and maintenance of the complex. ISRO will provide foundational technical guidance during the transition period. The move represents a significant step in India's efforts to foster a competitive commercial space economy and reduce launch costs through private sector innovation and efficiency.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
IN-SPACe moves to hand over Isro’s new Rs 986 crore small rocket launch complex to private sector
IN-SPACe seeks private partners to manage ISRO's new launch complex. This facility will support small rocket launches and enhance launch efficiency. Private entities will handle end-to-end operations and maintenance of the complex. ISRO will provide initial technical and operational support for capability development. This move supports India's growing commercial space sector and launch infrastructure.
