Growth Drivers


  • The prime objective of ISRO is to develop space technology and its application to various national tasks.


  • Antrix Corporation Limited, the commercial arm of the Department of Space has undertaken a number of initiatives for the global marketing of space products and services. Antrix has continued to expand its market base.
  • There has been good progress in the provision of TTC support to international customers.


  • Satellite Launch Vehicle (SLV): Its first launch took place in 1979 with two more in each subsequent year, and the final launch took place in 1982.
  • Augmented Satellite Launch Vehicle (ASLV): The first launch test was held in 1987, and three others followed in 1988, 1992 and 1994.
  • PSLV is capable of launching Remote Sensing (IRS) satellites into sun-synchronous orbits. It can also launch small satellites into geo-stationary transfer orbit (GTO). The reliability and versatility of the PSLV is proven by the fact that it has launched 30 spacecraft (14 Indian and 16 from other countries) into a variety of orbital paths so far.
  • Geosynchronous Satellite Launch Vehicle (GSLV): The Geosynchronous Satellite Launch Vehicle, known by its abbreviation GSLV, is an expendable launch system developed to enable India to launch its INSAT-type satellites into geostationary orbit and to make India less dependent on foreign rockets. At present, it is ISRO’s heaviest satellite launch vehicle and is capable of putting a total payload of up to five tonnes to Low Earth Orbit.

Reasons to Invest

  • Through the last four decades, India’s space programme has attracted global attention for its accelerated rate of development.
  • India’s cost-effective space programme has launched 51 satellites for 20 countries to date and has the potential to serve as the world’s launchpad.
  • The ISRO has forged a strong relationship with a large number of industrial enterprises, both in the public and private sector, to implement its space projects.
  • With the ISRO undertaking the development of cutting-edge technologies and interplanetary exploratory missions, there is a tremendous scope in contributions to the realisation of operational missions and new areas such as satellite navigation.


  • The technologies licensed to industries for commercialisation include Multi-Layer Printed Antenna Technology and DDV 100 Resin system. In addition to this, industries have been shortlisted for the know-how transfer of Dual Polarization LIDAR, Solid State Power Amplifier, Precision Tapping Attachment and EPY 1061 coating compound. There are a number of technologies identified for know-how transfer from ISRO. These include various types of adhesives and polymers, silica fiber and granule material, ceramics, pressure transducers, liquid level detectors, temperature sensors, silver plating and thermal control coating techniques, ground penetration radar, elastic Raman Lidar, Lower Atmospheric Wind Profiling radar etc.


  • ISRO provides technical consultancy services to industries and R&D institutions in diverse areas of its expertise. Some recent areas where consulting services have been provided are: gold plating application on MMIC-based Ku-band receiver and on aluminum boxes, fabrication of precision components, mechanical shock tests etc., to name a few.

Foreign investors