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In a 1st for industry, HAL bags Isro's rocket tech in ₹511 cr deal
Business Standard
|June 21, 2025
Agreement to be signed among HAL, ISRO, NSIL, and IN-SPACE
State-run Hindustan Aeronautics Limited (HAL) has won a bid under which it will receive technology from the Indian Space Research Organisation (Isro) for the end-to-end commercial production of the Small Satellite Launch Vehicle (SSLV), a first for the industry as India seeks to become a hub for small satellite manufacturing and launches.
"In this milestone, India's national ambition takes priority. We're looking forward to working closely under Isro and IN-SPACe's guidance to progress in phases and realise the end objectives. We're confident of steering a cohesive ecosystem that enables more small satellite launches from India's ports," said DK Sunil, chairman and managing director of HAL.
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