1. ISRO's LVM3 rocket technology attracts bids from L&T, Adani, and Mahindra

ISRO's LVM3 rocket technology attracts bids from L&T, Adani, and Mahindra

Technology

  • At least six Indian companies are considering bids for ISRO's LVM3 rocket, among them are L&T, Adani, JSW and Mahindra.
  • The winner gets the full technology, covering propulsion, avionics, navigation, testing and launch operations.
  • Over 60 LVM3 rockets are approved for private manufacture, an opportunity worth around Rs 25,000 crore.

Source: economictimes.indiatimes.com

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