Synopsis

Larsen & Toubro, JSW, Adani Group and Mahindra are among companies considering bids to manufacture and operate ISRO’s LVM3 heavy-lift rocket. The technology-transfer programme is part of ISRO’s push to shift routine launches to private industry. The move comes as global launch demand grows and India’s space economy expands.

ETtech

Larsen & Toubro, JSW, Adani Group and Mahindra are among at least half a dozen home-grown companies or consortiums looking to partner the Indian Space Research Organisation (ISRO) on its heavy-lift launch vehicle mark-3 (LVM3), also known as Bahubali, said people aware of the matter.



These private entities are considering plans to submit expressions of interest (EoIs) for technology transfer from ISRO to manufacture and operate LVM3, the people told ET.



Those interested include an alliance between JSW and startup Ethereal Exploration Guild (EtherealX), a consortium led by Nagpur-based Solar Industries, Bharat Forge and Inox India, the people said.

The selected entity will get access to technology and knowhow to manufacture, launch and commercially operate LVM3, ISRO’s heaviest-ever operational rocket that is capable of carrying up to four-tonne satellites.

ETtech

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