ISRO to outsource rocket-work to private companies

The Indian Space Research Organisation (ISRO) is ready to outsource high-end work to private companies – from building more complicated systems to assembling it. Proposals are being readied wherein private participation will be invited to build and run competing systems. The commercial-aerospace industry is now eager to play a larger role in the space missions and tap the outsourcing work offered by ISRO which has an annual budget of $1.01 billion for 2009-2010. It has a spending blueprint of Rs 12,400 crore ($3 billion) for its manned space exploration and around Rs 425 crore will be spent for the second unmanned lunar mission — Chandrayaan-2. It also has huge spending plans for missions to Mars and various domestic and international satellite launches.

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I am Rashid Aziz Faridi ,Writer, Teacher and a Voracious Reader.
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