Partially-reusable Next Generation Launch Vehicle gets Cabinet nod
- Posted on September 18, 2024
- By Business News Today
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Partially-reusable Next Generation Launch Vehicle gets Cabinet nod
The Union Cabinet has approved the development of a partially-reusable Next Generation Launch Vehicle (NGLV) with three times the payload capability of ISRO's Launch Vehicle Mark III. With an allocation of Rs 8,240 crore, this project aims to support India's goals for a space station and moon landing by 2040.